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Fixed Deposit Calculator

Calculate the maturity value of a bank fixed deposit.

How this is calculated
A = P × (1 + r/4)⁴ᵗ, quarterly compounding

Assumptions used in this calculation

  • Compounding frequency: Interest is compounded quarterly, the most common convention for Indian bank FDs.

About this calculator

The fixed deposit (FD) calculator computes the maturity value of a lump-sum bank deposit, compounding interest quarterly, the convention most Indian banks use for FDs.

Worked example

₹1,00,000 at 7% for 5 years

Result: Maturity value ≈ ₹1,41,478

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