FD Calculator

Interest Earned

₹0

Principal

₹0

Total Maturity

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Fixed Deposit (FD) Calculator – Grow Your Savings with Guaranteed Returns 💵

Calculate your fixed deposit returns quickly and accurately with Money Compute’s Fixed Deposit (FD) Calculator! 🏦✨

FDs are one of the safest investment options offering fixed interest rates over a specified tenure. Our calculator helps you estimate the maturity amount and interest earned to plan your financial goals better. 📈

What Is a Fixed Deposit? 🤔

A Fixed Deposit is a financial instrument where you invest a lump sum for a fixed tenure at a predetermined interest rate. FDs offer guaranteed returns and are ideal for conservative investors seeking safety and steady growth. 💰

How the FD Calculator Works 🧮

Estimate maturity amount using:

  • Principal investment amount

  • Fixed interest rate (annual)

  • Deposit tenure (in months or years)

  • Interest compounding frequency (quarterly, yearly, or monthly)

The calculator applies compound interest formulas for accurate results.

How to Use Money Compute FD Calculator 🚀

  1. Enter the deposit amount (e.g., ₹1,00,000) 💸

  2. Enter the fixed interest rate (e.g., 7.5%) 📊

  3. Enter the tenure (e.g., 3 years) ⏳

  4. Choose compounding frequency (e.g., quarterly) 🔄

  5. Get immediate results:

    • Maturity amount 💵

    • Interest earned 🎉

Benefits of Fixed Deposits 🏆

  • Guaranteed returns without market risk 💎

  • Flexible tenure from 7 days to 10 years 🗓️

  • Attractive interest rates with options for compounding 🌟

  • Loan facilities against FD deposits 🏦

  • Suitable for short and long-term financial goals 🎯

Example Calculation 📋

Investing ₹1,00,000 at a 7.5% interest rate compounded quarterly for 3 years results in:

  • Maturity amount = Approximately ₹1,24,297 🎉

  • Interest earned = ₹24,297 💰

Common FAQs About Fixed Deposits ❓

  • Q1: Can I break my FD before maturity?

    • Yes, but it may attract a penalty or lower interest rate. ⚠️

  • Q2: Are FD interests taxable?

    • Yes, interest income is taxable as per your income slab. 🧾

  • Q3: Can I choose monthly interest payouts?

    • Many banks offer monthly or quarterly interest payout options. 💵

  • Q4: What is the minimum FD amount?

    • Usually, the minimum deposit starts at ₹1,000 or ₹5,000. 💵

Start Growing Wealth Safely with Money Compute FD Calculator! 🚦

Plan your fixed deposit investments effortlessly, maximize returns, and achieve your financial goals—try the FD Calculator now! 🚀

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