What this estimate uses
Deposit amount, Interest rate (p.a.), Deposit tenure.
Savings calculator
FD Calculator India: Maturity & Interest 2026
What will your fixed deposit return?
Estimate fixed-deposit maturity and interest with quarterly compounding.
Your estimate
Live result
Maturity value
—How it works
A useful estimate, with the assumptions out in the open.
Interest is reinvested and compounded quarterly at one constant rate. Tax, TDS, premature-withdrawal penalties and non-cumulative payout options are excluded.
This result is an educational estimate. Rates, taxes, fees, product rules, and market returns can change.
India-focused guide
What will my cumulative fixed deposit be worth at maturity?
Enter the deposit, annual rate and tenure to estimate maturity value and interest using quarterly compounding. Tax, TDS and premature-withdrawal penalties are not deducted.
Important assumption
Interest is reinvested and compounded quarterly at one constant rate. Tax, TDS, premature-withdrawal penalties and non-cumulative payout options are excluded.
Created and maintained byAll Tool Central
Formula and content reviewed16 October 2026
See how estimates are builtCalculation methodology
Detailed guide
Understand the result before using it.
This FD calculator models a cumulative fixed deposit whose interest is reinvested and compounded quarterly. It shows pre-tax maturity value and interest, not the cash flow from a monthly or quarterly payout deposit.
How quarterly compounding works
The entered annual rate is divided across four quarters. Interest earned in one quarter is added to principal before the next quarter, so future interest is earned on a gradually larger balance.
Banks can use different compounding conventions and day-count methods. Use the deposit receipt or product disclosure for the contractual maturity amount.
FormulaMaturity value = deposit × (1 + annual rate ÷ 4)^(4 × years)
Example: ₹2 lakh cumulative FD for five years
The table isolates the effect of rate changes while keeping the deposit, tenure and quarterly compounding unchanged. All figures are before tax.
| Annual rate | Maturity value | Interest earned |
|---|---|---|
| 6.50% | ₹2,76,084 | ₹76,084 |
| 7.10% | ₹2,84,349 | ₹84,349 |
| 7.50% | ₹2,89,990 | ₹89,990 |
Tax, TDS and premature withdrawal are outside the result
FD interest can be taxable according to the depositor’s circumstances. TDS is not the same as final tax liability, so this calculator shows gross interest and does not try to infer an income-tax result.
RBI guidance allows banks to set premature-withdrawal penalty policies. The rate payable can be based on the period the deposit actually remained with the bank rather than the original contracted rate.
Check deposit safety as well as the rate
DICGC states that eligible principal and interest are insured up to ₹5 lakh per depositor per insured bank, with deposits across branches of the same bank aggregated. This is a protection limit, not a recommended maximum investment.
- Confirm whether the quote is cumulative or pays interest out periodically.
- Check the effective yield, compounding frequency and premature-closure terms.
- Compare the after-tax return with inflation and other suitable low-risk options.
- Review deposit-insurance coverage when placing a large amount with one bank.
Common questions
Frequently asked questions
Does this FD calculator deduct income tax or TDS?
No. It shows gross maturity and interest. Actual tax depends on applicable law and the depositor’s taxable income; TDS withheld by a bank may differ from final tax liability.
Is FD interest always compounded quarterly?
No. Quarterly compounding is a common cumulative-FD convention, but banks can offer different compounding or payout schedules. Match the calculator assumption with the product terms.
What happens if I break the FD early?
The bank can apply its premature-withdrawal policy, including a lower applicable rate and a disclosed penalty. The result on this page assumes the FD remains invested for the full entered tenure.
Is every rupee in an FD insured?
DICGC coverage for eligible deposits is capped at ₹5 lakh per depositor per insured bank, including principal and interest and aggregating branches of that bank.
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