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🏦 FD Calculator

Calculate Fixed Deposit maturity amount and interest earned. Compare quarterly and monthly compounding options.

  • Calculate FD maturity amount
  • Compare compounding options
  • See interest earned over tenure
  • Works offline — fully private
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🏦 FD Calculator

How to Use

  1. 1 Enter deposit amount.
  2. 2 Enter interest rate offered by your bank.
  3. 3 Select tenure.
  4. 4 Choose compounding frequency.
  5. 5 See maturity amount and interest earned.

Frequently Asked Questions

How do banks calculate FD interest?

Most Indian banks use quarterly compounding for FDs. Interest is calculated on the previous quarter balance and added to the principal.

Is FD interest taxable?

Yes. FD interest is taxable as per your income tax slab. TDS is deducted if annual interest exceeds ₹40,000 (₹50,000 for seniors).

Related Tools

💰 RD Calculator 🇮🇳 PPF Calculator 📈 Compound Interest

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