Fixed Deposit Calculator

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Amount must be at least ₹1000
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Rate must be between 0.1% and 20%
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Tenure must be at least 1 month

Calculation Summary

Principal Amount-
Interest Rate-
Tenure-
Interest Earned-
Maturity Amount-

Maximizing Your Savings with FD and RD

Fixed Deposits (FDs) and Recurring Deposits (RDs) are reliable investment options for secure wealth growth. Our calculator helps you project returns with precision, empowering informed financial decisions.

Why Choose FDs and RDs?

  • Capital Protection: Your principal is secure, ideal for risk-averse investors.
  • Guaranteed Returns: Fixed interest rates ensure predictable growth.
  • Financial Discipline: RDs promote regular savings, while FDs lock in lump sums.
  • Flexibility: Choose tenures and payout options to suit your needs.

Using Our Calculator

Input your deposit details to see projected returns. For FDs, select payout frequency and tenure. For RDs, specify instalment type and amount. Senior citizens get an extra 0.5% interest.

Pro Tips

  • Laddering: Split FDs into multiple tenures for liquidity and higher returns.
  • Compounding: Choose cumulative FDs for maximum growth via compounding.
  • Bank Selection: Compare rates across banks for the best deals.
  • Tax Planning: Use tax-saving FDs under Section 80C for deductions.

FDs and RDs are pillars of a balanced portfolio. Use our calculator to plan your savings strategy and achieve financial security.