What's the formula for FD maturity with compounding?

Maturity A = P × (1 + r/n)^(n×t), where P is principal, r is annual rate (decimal), n is compounding frequency per year, and t is tenure in years (including partial years).

How are monthly/quarterly payouts handled?

In non-cumulative deposits, interest is paid out periodically without reinvestment. We approximate payouts using simple interest P×r×t and show the periodic payout estimate.

Does this include TDS?

You can simulate TDS (with/without PAN) and thresholds for seniors/non-seniors. Actual TDS depends on bank and tax rules; consult your bank and tax advisor.

FD Interest Calculator (India)

Cumulative & non-cumulative FDs, partial tenures, APY, and optional TDS simulation. Fast, private, shareable.

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Enter values and press Calculate. Use cumulative for typical bank FDs; use non-cumulative for monthly income FDs.

Quick explainer 🎥

Video: How FD interest, compounding, and TDS work.

✅ Do's and ❌ Don'ts

✅ Do's

✅ Do use this tool to save time on manual calculations.
✅ Do double-check your inputs for accuracy.
✅ Do share results with teammates using the Share feature.
✅ Do bookmark this tool for quick access.

❌ Don'ts

❌ Don't enter sensitive personal data — this tool doesn't store anything.
❌ Don't use results as professional financial/legal/medical advice.
❌ Don't forget to verify critical calculations with official tools.
❌ Don't assume results are guarantees — they are estimates.

Frequently Asked Questions

Is this tool free to use?

Yes. All UpTools calculators are completely free, with no sign-ups required.

Is my data private?

Yes. All calculations run locally in your browser. Nothing is uploaded to any server.

Does it work on mobile?

Yes. All tools are mobile-responsive and work on any device — phone, tablet, or desktop.

Can I use this offline?

Most tools work offline after the initial page load. No internet needed for calculations.

📐 How This Tool Works

This tool computes results entirely in your browser using JavaScript. No data is sent to any server, ensuring your privacy.

Results update instantly as you type — no waiting for server responses.

Also try: Calculator · Converter · Generator

How this FD calculator works

Enter principal (deposit), annual interest rate, and tenure (years/months/days). Choose payout type: cumulative (reinvestment) compounds the interest until maturity; non-cumulative pays monthly/quarterly/half-yearly/yearly interest to your account and may compute APY based on payout. Senior-citizen option can add a rate premium where applicable. The tool outputs maturity amount, total interest, effective annual yield (APY), and optionally estimates TDS impact.

Examples

Cumulative: ?2,00,000 at 7.25% p.a. for 2 years . maturity � ?2,31,000 (compounded quarterly; exact value depends on bank�s compounding/payout convention).

Monthly payout: ?5,00,000 at 7% p.a. monthly . interest � ?2,917/month before tax; principal remains ?5,00,000; APY differs from nominal based on payout frequency.

FAQs

What is APY?

Annual Percentage Yield reflects compounding effects and lets you compare deposits with different payout frequencies. APY = nominal rate when reinvested, equal to or lower when interest is withdrawn.

How is TDS handled?

Banks may deduct TDS when interest exceeds thresholds. This calculator provides an indicative estimate; verify with your bank and tax rules.

Is premature withdrawal supported?

This tool doesn�t model penalties for early closure. Check your bank�s policy for breakage and revised interest.