How to use
Enter the deposit, annual rate, tenure and how often the bank compounds interest. The result shows maturity amount and total interest using A = P(1 + r/n)nt.
Note
Actual bank returns may differ due to senior-citizen rates, TDS and premature withdrawal rules. Verify with your bank.
Frequently asked questions
Quarterly or monthly compounding?
Most Indian bank FDs compound quarterly; confirm on your booking receipt.
TDS included?
No, interest above limits attracts TDS which you add mentally.
Senior citizen rates?
Enter the higher rate offered; the maths stays identical.