Fixed Deposit • Bank Guaranteed
FD Calculator
Calculate returns on your Fixed Deposit investment with various compounding options. Plan your deposits for maximum returns.
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₹10,000₹1 Cr
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Yrs
1 Year10 Years
Understanding Fixed Deposits
What is an FD?
A Fixed Deposit is a savings instrument where you deposit a lump sum for a fixed tenure at a predetermined interest rate. It offers guaranteed returns and capital protection.
Compounding Effect
More frequent compounding leads to higher returns. Quarterly compounding is most common in India. Monthly compounding gives slightly better returns than yearly.
Tax-Saving FD
5-year tax-saving FDs qualify for deduction under Section 80C (up to ₹1.5 lakhs). However, interest earned is taxable as per your income tax slab.