Estimate your Fixed Deposit maturity amount and total interest earned based on principal, interest rate, tenure, and compounding frequency.
Using the compound interest formula: A = P × (1 + r/n)^(n×t), where P is principal, r is annual rate, n is compounding frequency per year, and t is tenure in years.
Most Indian banks compound FD interest quarterly by default — check your bank's specific terms, as some offer monthly or other options with a slightly different effective rate.
Yes, FD interest is taxable as per your income tax slab in India. This calculator shows the pre-tax maturity amount; consult a tax professional for your specific liability.