Fixed Deposit (FD) is a safe investment option where money is deposited in a bank for a fixed period and earns guaranteed interest.
Most banks calculate FD interest using compound interest with quarterly compounding.
Formula: A = P (1 + r/n)nt
Fixed deposits provide guaranteed returns, capital protection and predictable income.
This calculator quickly estimates maturity value and interest earned from your fixed deposit investment.
A = P (1 + r/n)nt
P = Principal r = Interest rate n = Compounding frequency t = Time in years
Investment = ₹1,00,000 Interest Rate = 7% Time = 5 Years Maturity ≈ ₹1,41,402