FD Maturity Calculator
Calculate the exact maturity amount of your fixed deposit (FD) on the date it matures, given the deposit amount, interest rate, and tenure.
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- Works on all devices
Your result
₹2,42,681.52
Maturity amount
AI explanation
Formula
Maturity = Principal × (1 + Rate/4/100)^(Tenure in months / 3)Worked example
₹2,00,000 FD at 6.5% for 36 months
| Field | Value |
|---|---|
| Deposit amount | 200000 |
| Interest rate (per annum) | 6.5 |
| Tenure (months) | 36 |
| Maturity amount | 242681.52 |
| Total interest earned | 42681.52 |
Assumptions
- Assumes quarterly compounding, the most common convention for Indian bank FDs — actual compounding frequency (monthly, quarterly, or at maturity) varies by bank and scheme.
- Does not account for TDS deducted on FD interest above the threshold set by the Income Tax Department, or premature-withdrawal penalties.
Frequently asked questions
How is FD maturity value calculated?
Most Indian banks compound FD interest quarterly, so the maturity value is Principal × (1 + Rate/4/100) raised to the power of the number of quarters in the tenure.
Does the maturity amount include TDS?
No — this shows the gross maturity value before any TDS the bank deducts on interest that exceeds the applicable threshold in a financial year. Your actual credited amount may be lower after TDS.
Can I reinvest the maturity amount automatically?
Yes, most banks offer an auto-renewal option that reinvests the maturity amount (principal plus interest) into a new FD at the interest rate applicable on the renewal date.
Related calculators
Sources
- Reserve Bank of India — Master Direction on Interest Rate on Deposits — Reserve Bank of India. Effective 03-03-2016, reviewed 12-09-2026.
This calculator assumes quarterly compounding and does not include TDS, premature-withdrawal penalties, or bank-specific terms. Actual maturity amount offered by a bank may differ slightly based on its compounding convention.
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