Home / Calculators / FD & RD Calculator
FD & RD Calculator
Find the maturity amount of a fixed deposit or a monthly recurring deposit.
Maturity amount
—
- Total deposited
- —
- Interest earned
- —
Questions
How do banks compound FD interest?
Most Indian banks compound fixed deposit interest every quarter. This calculator uses quarterly compounding for both FDs and RDs.
Is FD interest taxable?
Yes. FD and RD interest is added to your income and taxed at your slab rate. Banks deduct TDS when interest crosses the yearly limit.
More calculators
EMI CalculatorMonthly EMI, total interest and a full repayment schedule for home, car and personal loans.SIP CalculatorSee how a monthly SIP grows over time at your expected return.GST CalculatorAdd or remove GST at 5%, 12%, 18% or 28%, with the CGST/SGST split.Percentage CalculatorPercent of a number, percentage change, and marks percentage.Scientific CalculatorTrigonometry, powers, roots, logs and memory, on your phone.
Results are estimates for planning. Banks may round differently or add fees; check the final figures with your bank.