💰 FD Calculator
Calculate Fixed Deposit maturity amount and interest for any bank or NBFC.
Inputs
₹
%
mo
Results
Maturity Amount
--
Principal
--
Interest Earned
--
Effective Annual Yield
0%
How FD Formula Works
n = compoundingPerYear t = months / 12 r = rate / 100 maturity = principal * Math.pow(1 + r / n, n * t) interest = maturity - principal
FAQs
What is the difference between simple and compound FD? ⌄
Simple interest FD computes interest only on principal. Compound FD adds interest back periodically, earning interest on interest.
Which bank offers the best FD rates? ⌄
Small finance banks and NBFCs typically offer higher FD rates (7-9%) than large banks (6-7%). Always check RBI-registered institutions.