FD calculator: maturity amount and interest on a fixed deposit
Enter the amount you want to deposit, the yearly interest rate your bank offers and the number of years to see the maturity amount.
This is an estimate. It assumes interest is added to your deposit every quarter, which many banks do, but your bank's method may differ. Interest on fixed deposits is taxable under the income tax rules, and that is not included here. This is general information and not financial advice.
What to check before you book an FD
Compare the interest rate across a few banks, check the rule for closing the FD early, and ask whether the interest is paid out or added to the deposit. Senior citizens often get a slightly higher rate.
Also try the SIP calculator and the EMI calculator.