FD Calculator

Calculate the interest earned and maturity amount on your Fixed Deposits (FD) compounded quarterly.

Total Principal

₹

Rate of Interest (p.a.)

Tenure (Years)

Maturity Amount

₹1,41,478

Invested Amount

₹1,00,000

Interest Earned

₹41,478

Formula & Calculation Details

Fixed Deposit compounding interest is calculated using: A = P × (1 + r/n)^(n×t), where A is maturity value, P is principal, r is annual interest rate (decimal), n is compounding frequency (n=4 for quarterly), and t is tenure in years.

Frequently Asked Questions

In India, most banks compound FD interest on a quarterly basis. This calculator uses standard quarterly compounding (4 times a year) to give you the most accurate results.

Yes, the interest earned on Fixed Deposits is fully taxable according to your income tax slab in India. Banks also deduct TDS if the interest income exceeds ₹40,000 in a year (₹50,000 for senior citizens).