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GST

Fixed deposit

FD Calculator

Maturity value of a bank or NBFC fixed deposit with your compounding frequency.

Formula

A = P (1 + r/n)ⁿᵗ — n is compounding periods per year.

About this calculator

Fixed deposits are capital-protected if held with a scheduled bank (DICGC covers ₹5 lakh per bank). Interest is taxable as per your slab, unless you opt for a tax-saver 5-year FD under 80C (old regime).