Fd Calculator
An FD calculator helps determine the final amount you will receive when you invest in a Fixed Deposit (FD) based on the investment amount, interest rate, and duration.
Estimation is based on the past performance
ENTER AMOUNT
₹Select Duration
1 Yrs
30 Yrs
Expected Rate of Return
8 %
30 %
The total value of your investment after 5 Years will be
₹ 0
Invested Amount
₹ 0
Est. Returns
₹ 0
What is an Fd Calculator?
An FD (Fixed Deposit) Calculator is an online tool that helps you estimate the maturity amount of your fixed deposit investment. By entering details such as the deposit amount, interest rate, and tenure, you can quickly calculate the total returns you will receive at the end of the investment period.
Purpose of an Fd Calculator
1 . Predict Future Returns: Calculate the estimated maturity amount based on a given investment amount, duration, and expected rate of return.
2 . Plan Investments : Helps investors determine how much they need to invest regularly to achieve their financial goals.
3 . Compare Scenarios : Evaluate different rates of return, investment amounts, and durations to make informed decisions.
How Does an FD Calculator Work?
The FD calculator uses the following formula to compute the maturity amount:
For Simple Interest FD: M=P+(P×r×t)Where,
M = Maturity Amount
P = Principal Amount (Initial Investment)
r = Annual Interest Rate (in decimal form)
t = Tenure (in years)
For Compound Interest FD: M=P×(1+ n/r)^n×tn = Number of times interest is compounded per year (quarterly, half-yearly, or annually)
Benefits of Using an Fd Calculator
1 . Quick & Accurate Calculations: Instantly computes maturity value without manual effort.
2 . Helps in Investment Planning : Allows you to compare different FD schemes and choose the best option.
3 . Saves Time & Effort :Eliminates complex mathematical calculations.
4 . Customizable Inputs : Adjust investment amount, tenure, and interest rate to see different scenarios.