Enter the deposit, rate and period. Compounding is set to quarterly, the usual method for bank FDs in India, so the result matches bank calculations closely (before TDS).
How to do it
Enter the deposit amount, rate and years.
Keep quarterly compounding for bank FDs.
Read the maturity value and interest.
Frequently asked questions
Is tax deducted?
No. FD interest may be taxable and banks may deduct TDS; this calculator shows the amount before tax.