Check how much you could earn with FD
- Yearly
- Quarterly
- Monthly
What you get:
What you get:
- Invested: ₹50,000
- Interest : ₹11,252
- Maturity amount ₹61,252
Get higher returns of up to 7.0% p.a. with Bajaj Finance Ltd
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Fixed deposit is one of the most widely-used and safest investment instruments in India. It offers fixed or guaranteed returns with flexible tenure options. It is offered by several banks and financial institutions to strike a perfect balance in one's financial portfolio. This online FD calculator helps you calculate the maturity and interest amount you can earn on your fixed deposit investment.
What you get:
What you get:
Get higher returns of up to 7.0% p.a. with Bajaj Finance Ltd
Fixed deposit is one of the most widely-used investment instruments in India. It offers fixed or guaranteed returns with flexible tenure options. It is offered by several banks and financial institutions.
A fixed deposit calculator is an online tool designed to help an applicant get an idea of his expected earnings at the end of a fixed deposit tenure. It takes into account the principal amount, tenure, and applicable rate of interest to calculate the maturity amount in the end. So, before you invest in a fixed deposit, an online calculator gives you an idea of your earnings in advance, thus helping you make a wise financial decision.
You can calculate the interest on your fixed deposits and the total amount you will receive on its maturity. Follow these steps to use the ETMONEY FD calculator:
You will be able to see your total investment, interest earned, and maturity value at the end of the fixed deposit's tenure.
You can use the ETMONEY FD Maturity Calculator to know your fixed deposit maturity amount. Just go to the fixed deposit calculator online and choose the type of investment. Then, choose the tenure and your principal amount. You will automatically be able to see the total maturity amount of the fixed deposit along with the interest you will earn on the principal over the tenure.
There are two methods to calculate interest on fixed deposits - simple interest and compound interest. Let us look at both of them.
Simple Interest | Compound Interest |
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The formula for simple interest is; Let us assume, you invest a sum of ₹15,000 for 5 years at 10% interest rate per annum. On maturity, the simple interest you earn will be: |
The formula for compound interest is; Let us assume, you invest ₹10,000 for 3 years at 10% interest rate compounded quarterly. At the time of maturity, the calculations are as follows: Thus, compound interest earned over 3 years comes to ₹13,449 - ₹10,000 = ₹3,449. |