FD Calculator
Calculate the maturity amount and interest on a fixed deposit.
- Deposit amount
- ₹1,00,000
- ₹1 lakh
- Interest earned
- ₹24,972
- ₹24.97 thousand
- Maturity amount
- ₹1,24,972
- ₹1.25 lakh
| Year | Deposit | Interest earned | Value |
|---|---|---|---|
| 1 | ₹1,00,000 | ₹7,714 | ₹1,07,714 |
| 2 | ₹1,00,000 | ₹16,022 | ₹1,16,022 |
| 3 | ₹1,00,000 | ₹24,972 | ₹1,24,972 |
Illustrative purposes only. Returns are assumed and not guaranteed. This is not investment advice.
How this calculator works
A cumulative deposit reinvests the interest and pays everything at maturity: Maturity = P × (1 + r/m)^(m × t), where m is the number of times interest is compounded each year and t is the tenure in years.
A payout deposit pays the interest out to you at the frequency you choose and returns the original deposit at maturity, so the interest is not compounded.
Actual maturity amounts can differ slightly between issuers, and TDS may be deducted from interest.
Illustrative purposes only. Returns are assumed and not guaranteed. This is not investment advice.
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