FD/RD Calculator
Calculate returns on your Fixed Deposit and Recurring Deposit investments
Investment Details
Adjust the values to calculate your returns
Investment Summary
Your estimated returns at maturity
Growth Projection
Year-by-year growth of your investment
Yearly Breakdown
Detailed year-by-year breakdown of your investment
| Year | Investment | Interest Earned | Total Value |
|---|
About Fixed Deposits
A Fixed Deposit (FD) is a financial instrument provided by banks which provides investors with a higher rate of interest than a regular savings account, until the given maturity date.
Key features of Fixed Deposits:
- Fixed interest rate for the entire tenure
- Interest can be compounded at different frequencies (monthly, quarterly, half-yearly, yearly)
- Premature withdrawal may result in penalty
- Tax benefits available under section 80C for tax-saving FDs with 5-year lock-in period
- Interest earned is taxable as per your income tax slab
This calculator helps you estimate the maturity value of your Fixed Deposit based on your inputs. The calculation assumes that the interest rate remains constant throughout the investment period, which may not be the case in reality.
Disclaimer: The use of financial calculators is subject to inherent financial and calculation risks. It is recommended to always consult with your financial advisors prior to undertaking any financial actions.