Fixed Deposit Calculator
FD maturity amount and interest estimate
No matches
Invested
Interest Earned
Maturity Amount
Monthly interest payout approx: /mo
Fixed Deposit Calculator — Complete Guide & Instructions
MakeCard Fixed Deposit Calculator shows the maturity value of an FD before you book it. Enter the deposit amount, annual interest rate, and period in years, choose the compounding frequency — quarterly being what most Indian banks use — and instantly see invested amount, interest earned, and maturity value, plus an approximate monthly interest payout. Savers use it to compare tenures and bank rates.
How to Use Fixed Deposit Calculator
- 1 Enter the Deposit Amount in rupees.
- 2 Fill the annual Interest % offered by your bank.
- 3 Set the Period in years — decimals like 2.5 are accepted.
- 4 Pick the Compounding frequency — Quarterly is standard for Indian banks.
- 5 Read Interest Earned, Maturity Amount, and the approximate monthly payout.
Key Features & Capabilities
- Compound-interest maturity for monthly, quarterly, half-yearly, or yearly compounding.
- Fractional periods supported — 1.5, 2.5 years and so on.
- Invested, interest earned, and maturity figures shown separately.
- Approximate monthly interest payout for regular-income planning.
- Indian ₹ formatting for clear large-amount reading.
Supported Formats & Specifications
| Parameter | Specification |
|---|---|
| Formula | A = P(1 + r/n)^(n·t) — standard FD compounding |
| Compounding | Quarterly (default), half-yearly, yearly, monthly |
| Outputs | Interest earned, maturity amount, approx. monthly payout |
Practical Everyday Use Cases
- Comparing maturity values across different banks' FD rates.
- Deciding between 1-year and 5-year tenures.
- Estimating monthly income from an interest-payout FD.
- Planning how much to deposit to reach a target corpus.
Pro Tips for Best Results
- Quarterly compounding is the Indian bank standard — matching it makes your estimate closest to the real payout.
- Senior citizens typically get 0.25–0.75% extra — enter the higher rate you qualify for.
- FD interest is taxable; banks may deduct TDS above the threshold, so plan post-tax returns.
Common Problems & Solutions
Check the compounding option — banks compound quarterly by default, and choosing yearly understates the result.
The monthly figure is the total interest averaged over the term — actual payout FDs compute it slightly differently per bank.
Privacy & Security
100% Client-Side Execution
Deposit figures stay in your browser — no amounts or rates are transmitted or stored.
Frequently Asked Questions
Everything you need to know about using Fixed Deposit Calculator
With compound interest: A = P(1 + r/n)^(n×t). Most Indian banks compound quarterly — enter amount, rate, years, and pick Quarterly to match.
At 7% compounded quarterly for 1 year, roughly ₹7,186 — enter your exact rate and period for the precise figure.
A cumulative FD reinvests interest and pays everything at maturity; a payout FD credits interest monthly or quarterly — this calculator shows both the maturity value and an approximate monthly payout.
Yes — FD interest is added to your income and taxed at your slab rate, and banks deduct TDS above the annual interest threshold.
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