Money & Finance

FD & RD calculator

Choose a fixed or recurring deposit, enter the amount, rate and time. See what you will get at maturity, the interest after your tax slab, and what it is worth after inflation.

Free, no sign-up
Runs in your browser
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Deposit

Currency

Only changes the symbol and number format. No exchange rates are used.

Deposit type

Fixed deposit (FD)Recurring deposit (RD)

Amount

FD: one-time deposit. RD: amount deposited every month.

Interest rate per year

Tenure

Tenure in

YearsMonths

Compounding

Extras (optional)

Your tax slab on interest (optional)

For example 0, 5, 20 or 30. Gives the interest after tax.

Inflation per year (optional)

Shows the maturity in today's money.

Result

Estimate only, not tax or legal advice. Tax rules, rates and limits change and depend on your own situation. Verify this result with a qualified tax professional or the official tax authority before you file, pay or decide.

How it works

A fixed deposit grows by compound interest. A recurring deposit does the same for each monthly instalment, from the month it goes in until maturity.

FD maturity = P × (1 + r ÷ f)^{f × t}
RD maturity = sum over every instalment of R × (1 + r ÷ f)^{f × months left ÷ 12}
r = annual rate, f = compounding periods per year (4 for quarterly), t = years

The after-tax figure subtracts your slab percentage from the interest. It is a simple estimate: it does not model TDS timing, the 87A rebate or other income.

Frequently asked questions

Which compounding do banks use?

Most Indian banks compound fixed deposits quarterly. Some small finance banks and post-office schemes use other schedules, so check your deposit receipt.

Why is my bank's maturity slightly different?

Banks round each quarter's interest and may count days exactly. The difference is normally a few rupees.

Is anything sent anywhere?

No. It all runs in your browser.