FD Calculator
Calculate Fixed Deposit maturity amount and interest earned. Compare quarterly vs monthly compounding.
FD Details
Deposit
₹5.00 L
Interest Earned
₹2.07 L
Maturity Amount
₹7.07 L
Compounding Comparison
| Frequency | Maturity (₹) | Interest (₹) |
|---|---|---|
| Monthly | 7.09 L | 2.09 L |
| Quarterly | 7.07 L | 2.07 L |
| Half-Yearly | 7.05 L | 2.05 L |
| Yearly | 7.01 L | 2.01 L |
Compounding Frequency — Interest Comparison
More frequent compounding = slightly more interest earned
FD Interest Calculation
Compound Interest Formula
A = P × (1 + r/n)^(n×t)
Where: P = Principal, r = Annual rate, n = Compounding frequency per year, t = Time in years
Current FD Rates (Approx.)
- SBI: 6.5-7.0% (General), 7.0-7.5% (Senior Citizen)
- HDFC: 6.6-7.25%
- Post Office: 7.5% (5-year)
- Senior Citizens get +0.5% extra at most banks