FD Calculator: Fixed Deposit Returns, Interest, and Taxation
Compute maturity value,interest earned,and effective yield for bank FDs. Learn cumulative vs. non-cumulative deposits and tax impact.
Fixed Deposit Basics
FDs offer guaranteed returns with bank-specified rates and compounding.
Formulas
- Periodic rate r = APR / m (m = compounding periods per year)
- Maturity FV = P × (1 + r)^(m×t) for cumulative FDs
- Simple payout interest = P × APR × t (with periodic payouts)
Taxation
Interest is taxable. Consider post-tax yield: Post‑tax APR = APR × (1 − tax_rate).
Example
P = 100,000, APR 7.2%, quarterly compounding, 2 years → r = 0.072/4, n = 8 → FV = 100000 × (1 + 0.018)^8.
Try It
Estimate maturity and yield: FD Calculator
Related Articles
RD Calculator: Recurring Deposit Maturity and Interest Guide
Calculate RD maturity with monthly installments,bank compounding rules,and post-tax yields. Includes formula and worked example.
Self-Employment Tax 101: A Guide for Freelancers & Contractors
Understanding the 15.3% self-employment tax,how to calculate it,and tips for managing quarterly estimated payments.
Ready to start calculating?
Use our free calculators to make data-driven decisions for your financial and health goals.
Explore Calculators