FD CALCULATOR
"Calculate fixed deposit returns instantly with our free FD Calculator. Estimate maturity amount and interest earned based on deposit, rate, and tenure."
📈 FD (Fixed Deposit) Calculator — Grow Your Savings Smartly
Welcome to the Free FD Calculator on calculator.cl! A fixed deposit (FD) is a secure way to earn interest on your savings over a set period. With this tool, you can calculate how much interest you’ll earn and what your total return will be — quickly and accurately, with no login required.
Whether you’re planning short-term goals or long-term savings, this calculator gives you a clear picture of your FD earnings.
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🧠 What Is a Fixed Deposit (FD)?
A fixed deposit (FD) is a financial instrument offered by banks and financial institutions where you deposit a lump sum for a fixed time and earn guaranteed interest.
FDs are popular because they:
Offer higher interest rates than regular savings accounts
Provide stable, predictable returns
Are low-risk investments
Help with goal-based saving
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📐 FD Formula
The interest your FD earns depends on:
Principal (the amount you deposit)
Rate of interest
Time period (in years)
Compounding frequency
For compound interest, the formula is:
A = P \left(1 + \frac{R}{100 × N}\right)^{N × T}
Where:
A = Maturity amount (final value)
P = Principal (initial deposit)
R = Annual interest rate (%)
N = Times interest is compounded per year
T = Time period (years)
Your interest earned is:
\text{Interest} = A − P
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🧮 How It Works
To calculate your FD return:
1. Enter your deposit amount
2. Enter the interest rate
3. Choose the tenure (time period)
4. Select compounding frequency (yearly, half-yearly, quarterly, monthly)
5. Click Calculate
You’ll instantly see:
Maturity amount
Total interest earned
This helps you plan how much your investment will grow.
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📊 Example Calculation
Suppose:
Principal: $10,000
Annual interest rate: 6%
Tenure: 3 years
Compounding: Quarterly
Then the calculator applies the compound interest formula and shows your total return and interest earned.
💡 This helps you compare different rates, tenures, and compounding options to make smart decisions.
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📍 Why It Matters
An FD Calculator helps you:
Estimate your future savings growth
Compare different interest rates
Choose the best tenure for your goals
Plan for life events like education, travel, or emergencies
Whether you’re a beginner or an experienced saver, knowing your returns helps you manage money with confidence.
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💡 Tips for Best Use
Use the current interest rate offered by your bank
Try different tenures to see how interest grows
Choose compounding frequencies carefully
Reinvest interest if possible to maximize growth
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⚠️ Important Notes
Interest rates may vary by bank and country
Taxes on interest are not included in this calculator
Some banks apply penalties for early withdrawal
This tool gives estimates — final returns depend on the bank’s policies
Use the FD Calculator on calculator.cl to plan returns, maximize earnings, and reach your financial goals 📈