FD Calculator
What does my fixed deposit mature to?
Maturity value
₹7.25L
Interest earned
₹2.25L
You deposit
₹5.00L
Effective yield
9.00%
vs 7.5% nominal
Deposit details
Indian banks compound FDs quarterly by default. Compounding more often raises the effective yield slightly — 4 times a year here.
Growth
How you take the interest
Cumulative leaves the interest in to compound. The payout options hand it to you as it accrues — useful for income, but nothing is left in the deposit to grow.
Interest
₹2.25L
At maturity
₹7.25L
Interest
₹1.88L
At maturity
₹5.00L
Monthly income: ₹3,125
Interest
₹1.88L
At maturity
₹5.00L
Quarterly and monthly payouts earn the same total interest — both are simple interest at the same rate, just paid on a different schedule. Only the cumulative option compounds.
What this calculation assumes
- •Interest compounds at the frequency you select. Indian banks use quarterly compounding by default.
- •The rate is fixed for the full tenure and the deposit is held to maturity.
- •Premature withdrawal penalties are not modelled.
- •TDS and income tax on interest are not deducted — FD interest is taxable at your slab rate, which can materially reduce the real return.
- •Senior citizen rate premiums are not applied automatically.
About this calculator
Maturity value, effective yield, and a comparison of cumulative against quarterly and monthly payout options.