How does the FD Calculator calculate projections?

The Live Trend Go FD Calculator computes mathematical projections directly in your web browser using standard regulatory and banking algorithms without server latency.

Is the FD Calculator free and private?

Yes, the FD Calculator is 100% free with unlimited calculations. Your financial scenario inputs are processed locally in your browser memory and never transmitted or stored on our servers.

Are the formulas used in the FD Calculator updated for current regulations?

Yes. All calculation engines are audited quarterly against official Reserve Bank of India (RBI), Central Board of Direct Taxes (CBDT), and AMFI regulatory frameworks.

Banking & Loans

FD Calculator

Calculate Fixed Deposit interest payout and maturity amount with quarterly compounding.

Runs entirely in your browser
No sign-up, nothing stored
Formula explained below

Deposit details

Interest is compounded every quarter, as at most Indian banks.

Total investment

₹

₹10K₹20L

Rate of interest (p.a.)

3%15%

Time period

yrs

1 yrs25 yrs

Maturity value after 5 years

₹1,42,175

Your deposit of ₹1,00,000 earns ₹42,175 at 7.1% a year, compounded quarterly.

Invested amount

₹1,00,000

Est. returns

₹42,175

Effective yield

7.29% p.a.

Invested70%
Interest30%

How your deposit grows

Balance at the end of each year, split into your deposit and the interest it has earned.

Principal
Interest earned

Quarterly compounding adds ₹6,675 over simple interest

Each quarter's interest is added to your balance, so the next quarter's interest is calculated on a slightly larger amount. Over 5 years that lifts your effective yield to 7.29% a year.

Total return

42.2%

Interest as a share of your deposit over 5 years

Interest in final year

₹9,662

vs. ₹7,291 in year 1

Extra from compounding

₹6,675

Compared with simple interest at the same rate

Average interest a year

₹8,435

Total interest spread evenly over the tenure

Interest earned each year

Each year's interest is a little larger than the last because it is earned on a bigger balance.

Does compounding frequency matter?

Total interest on ₹1,00,000 at 7.1% over 5 years, if interest were added at different intervals.

Comparison only. Banks in India compound FDs quarterly; monthly-payout FDs pay interest out instead of compounding it.

How the FD formula works

In India and most banking jurisdictions, fixed deposits compound quarterly (four times a year). Each quarter, interest is added to the balance and earns interest itself from then on.

A = P × (1 + r / 400)^(4 × n)

A: Total maturity amount at the end of the tenure
P: Principal amount deposited
r: Annual interest rate (% p.a.)
n: Number of years

Why does the formula divide the rate by 400?

The annual rate is split across four quarters (r ÷ 4) and converted from a percentage (÷ 100), which together give r ÷ 400. The exponent 4 × n is the number of quarters in the tenure.

Is FD interest taxable?

Yes. FD interest is added to your income and taxed at your slab rate, and banks may deduct TDS once your interest crosses the yearly threshold. The figures here are before tax.

Does this include premature withdrawal penalties?

No. The calculation assumes the deposit runs for the full tenure at the rate you enter. Breaking an FD early usually means a lower rate and a penalty.

Keep planning

All 21 calculators

RD Calculator

Calculate Recurring Deposit maturity value and interest with monthly deposits.

EMI Calculator

Calculate monthly EMI, total interest, and complete amortization schedule for Home, Car, or Personal Loans.

Home Loan Prepayment

Calculate total interest saved and tenure reduction through extra monthly or yearly loan prepayments.

PPF Calculator

Calculate 15-year Public Provident Fund (PPF) tax-free maturity and interest compounding.