Fixed Deposit (FD) Calculator

FD Formulas:
  • Compound FD: Maturity = P × (1 + r/n)nt + PMT × [((1 + r/n)nt – 1) / (r/n)] – W × [((1 + r/n)nt – 1) / (r/n)]
  • Simple FD: Maturity = P + (P × r × t) + (PMT – W) × t
  • Forex Compound: Same as Compound, final value multiplied by a forex multiplier (default 1.1)
Where: P = FD Amount, r = annual rate (decimal), n = compounding per year, t = years, PMT = recurring deposit, W = recurring withdraw.
FAQs:
  • Principal: Your FD deposit amount.
  • Recurring Deposit/Withdraw: Many FDs allow top-up or partial withdrawal. Enter those here if needed.
  • Maturity: The amount you will get after full tenure including interest.
  • Forex Compound: For FDs in foreign currency with currency gain simulation.