Finzace Wealth Solutions

Fixed Deposit Calculator

Calculate your returns on Fixed Deposits with high accuracy. Plan your investment with attractive interest rates and secure your financial future.

Fixed Deposit Calculator

₹
🧔🏻

After 5 Years, You will receive

₹ 1,54,910

and ₹ 54,910 as interest

Total Investment
Total Interest

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FD Calculator

A Fixed Deposit Calculator is a tool designed specifically to find the estimated maturity amount that an investor investing a particular amount can expect when invested at the applicable rate of interest for a chosen tenure.

It uses the amount to be invested, rate of interest, and the tenure for the calculation of maturity. The maturity amount in a Fixed Deposit is the total amount earned along with the accumulated interest on the invested principal at the end of the FD period. FD Calculator also, help you find the amount to be invested to accomplish a financial goal.

Below are the advantages of using a FD Calculator:

  • Helps determine the interest amount that can be earned.
  • Useful in calculating the maturity amount.
  • No scope of errors.
  • Free of cost and can be used anytime.
  • Fast and easy to use.
  • Calculate the interest pay-out periodically.
  • Helps do better financial planning.

Formula to determine FD Maturity amount

A FD Calculator helps find the most accurate results. Now there is no need to worry about the tentative returns or maturity amount. Instead, go for the easy-to-use FD Calculator.

The financial institutions use Simple rate of interest and Compound rate of interest to calculate the maturity on a FD.

How can an FD Calculator help you?

FD Calculator is a useful tool that can help you in many ways. It can help you plan your investment and achieve different financial objectives in your life.

Helps determine the interest amount that can be earned.
Useful in calculating the maturity amount.
No scope of errors.
Free of cost and can be used anytime.

Popular Calculators

Now that you are familiar with the type of returns, it's time to delve into the Benefits of using a lumpsum return calculator:

  • Fast and easy to use.
  • Calculate the interest pay-out periodically.
  • Helps do better financial planning

How to use an FD Calculator?

FD Calculation using Simple Interest Use the below formula to calculate the maturity amount using an FD Calculator

Maturity Amount = P (1+r/n) x (n*t)

P - principal invested in a FD

't' - tenure, the number of years for which the principal is invested

'r' - rate of interest applicable on the chosen FD

'n' - quantity of compounding every year

For instance, if an amount of Rs. 100000 is invested for a period of 5 years at a Simple Rate of interest 5% per annum, the investor at the time of maturity will get -

SI - 100000*5*5/100

= Rs. 25,000

Maturity Amount = Rs. 1,25,000/- (P+I)

2. FD Calculation using Compound Interest

MA = P (1 + r/n) ^ (n * t)

MA = Maturity Amount

P = Principal

t = number of years

r = rate of interest applicable of a FD

n = number of compounding in a year

How to use Finzace FD Calculator

Finzace's FD Calculator is an easy-to-use tool. You do not need to be technically sound. Even a common user can use our FD Calculator.

Enter the investment amount (Fixed Deposit Amount).

Choose the investment duration.

Enter the rate of interest (applicable rate of Interest).

Choose the compounding period (Monthly, Quarterly, Half Yearly, or Yearly).