Does it consider compounding frequency?

Yes, the FD calculator accounts for annual, quarterly, monthly, or cumulative compounding.

Are FD calculator results exact?

They are close estimates. Actual returns may vary based on bank policies and taxes.

Most calculators don’t automatically deduct TDS. You may need to account for tax separately.

An FD calculator estimates maturity amount and interest earned from a fixed deposit based on deposit amount, tenure, and interest rate.

What is an FD Calculator?

It helps calculate the maturity value of a fixed deposit based on amount, tenure, and interest rate.

How is FD interest calculated?

Banks usually use compound interest for FD, compounded quarterly, half-yearly, or annually.

Are FD returns taxable?

Yes, FD interest is fully taxable as per your income tax slab.

Is premature withdrawal allowed?

Yes, but banks charge a penalty and reduce the interest rate.

Which is better, FD or SIP?

FDs offer guaranteed returns, while SIPs can offer higher returns with market risks.