FD Calculator - Calculate Fixed Deposit Returns
Calculate your Fixed Deposit returns with our free FD calculator. Compare interest rates from different banks, plan your savings, and maximize your returns.
FD Calculator
What is Fixed Deposit?
Fixed Deposit (FD) is a financial instrument offered by banks and NBFCs where you deposit a lump sum amount for a fixed period at a predetermined interest rate. FDs offer guaranteed returns and are considered one of the safest investment options.
Benefits of Fixed Deposit
- Guaranteed returns with fixed interest rates
- Safe and secure investment option
- Flexible tenure options (7 days to 10 years)
- Higher interest rates than savings accounts
- Tax benefits under Section 80C (for 5-year FDs)
Types of Fixed Deposits
- Regular FD: Standard fixed deposit with fixed interest rate
- Tax-Saving FD: 5-year FD eligible for tax deduction under Section 80C
- Senior Citizen FD: Higher interest rates for senior citizens
- Cumulative FD: Interest compounded and paid at maturity
- Non-Cumulative FD: Interest paid monthly/quarterly