FD Calculator

The moment you put your money in a Fixed Deposit (FD), you’re most likely to be thinking about how much it will increase. Our FD Calculator simplifies it so that you can easily understand how much your investment will make in the future.

An FD is a secure and easy means of saving money. You save a large sum with a bank or other financial institution, and they reward you with interest for allowing them to hold your cash for a specified period. An FD’s interest rate is often greater than what you get in a standard savings account. That makes it an excellent method of building your savings over time.

1. Select the Type of Fixed Deposit as “Simple or Cumulative”
2. Enter your Initial Deposit value (e.g., $10,000).
3. Choose the Currency (USD).
4. Input the Rate of Interest in %. that the bank or financial institution offers for the FD.
5. Set the Tenure (the number of years or months you plan to invest your money).
6. Pick the Tenure Unit out of years or months. 
7. Click on Calculate to find out the maturity amount.

• Know Your Returns Better

Our Online FD Calculator makes it easier for you to know how much interest you’ll earn and the amount you’ll have at maturity. It also provides you with a clear understanding of the interest and your initial deposit, so you can rest assured of knowing what to anticipate when your FD matures.

• Compare Various FD Schemes

The calculator allows you to compare various Fixed Deposit schemes. You can quickly understand the impact of interest rates and compounding options on your returns. This allows you to choose the FD that will give you the maximum amount at maturity.

• In-depth and Accurate Results

No matter if your FD applies compound interest or simple interest, our online calculator gives you the complete picture. It factors in the frequency of payment of interest and how it accumulates, particularly with compound interest, to provide you with the best possible result.

• Plan Smarter Investments

Once you have an idea of how much your Fixed Deposit will yield, you can invest more wisely for the future. Knowing your FD’s growth enables you to make other investments with greater confidence. With the predictable yield of your FD, you can invest in more liquid or high-growth plans, such as property or shares.

• Don’t Be Misled

Sometimes, FD offers can look great on the surface but are not as profitable as they seem. That is where our FD Calculator saves you from being tricked by fallacious offers. It provides you with the true return, so you avoid making a mistaken purchase.

• Stay On Track

The Fixed Deposit Interest Rate Calculator is a great finance tool to monitor your financial goals. You can be saving for a house, education, or retirement, the needs are endless. But when you choose to compute your Fixed Deposit growth, it keeps your plans on track.