FD Calculator
Estimate returns on Fixed Deposits (Quarterly Compounding).
Fixed Deposit (FD) provides a higher interest rate than a regular savings account. In India, FD interest is typically compounded quarterly.
FD Interest Formula
A = P × (1 + r/400)⁴ⁿ
Where A = Maturity Amount, P = Principal, r = Annual rate, n = Years.
FD offers safety of capital and guaranteed returns. However, returns are taxable as per your income slab. For tax-free returns, check PPF Calculator.