Fixed Deposit (FD) Calculator

A Fixed Deposit locks your money away for a set tenure in exchange for a guaranteed interest rate, compounded quarterly at most Indian banks. Because the rate is locked in upfront, an FD is predictable — your maturity value here is exactly what you'll receive, unlike market-linked investments.

FDs suit money you won't need before maturity and want to keep safe from market swings — breaking one early usually comes with a penalty rate, so match the tenure to when you'll actually need the funds.