Investments
FD Calculator
Calculate fixed deposit maturity value with compound interest. Switch between quarterly and monthly compounding. See your money grow year by year.
Inputs
₹
₹1.0 K₹1.00 Cr
%
1.00%15.00%
yr
1 yr20 yr
Maturity value
₹1,90,556
Deposited
₹1,00,000
Interest
₹90,556
Compound growth
Quarterly · 6.50%
Compound interest formula
A = P × (1 + r/n)^(n × t)- A — maturity amount
- P — principal deposit
- r — annual interest rate
- n — compounding periods per year (4 for quarterly, 12 for monthly)
- t — tenure in years
Indicative bank FD rates (May 2026)
| Bank | 1Y FD | 2Y FD | Senior + |
|---|---|---|---|
| SBI | 6.25% | 6.40% | +0.50% |
| HDFC Bank | 6.25% | 6.45% | +0.50% |
| ICICI / Axis | 6.25–6.50% | 6.40–6.70% | +0.50% |
| Small finance banks | 7.5–8.5% | 7.5–8.5% | +0.50% |
Context: RBI repo rate is paused at 5.25% (Feb & Apr 2026 MPC, neutral stance). Big banks have stabilised FD rates around 6.25–6.70%. Equitas, Ujjivan, AU and other small finance banks still offer 7.5–8.5%.
Note: Interest is taxable. TDS applies above ₹40,000/year (₹50,000 for seniors). Always verify the live rate with your bank.