Calculate fixed deposit maturity amount and interest earnings
Deposit Amount ($)
Annual Rate (%)
Term
Result
Step-by-Step Derivation
Fixed Deposit Formula
Interest = Principal × Rate × Term
Maturity = Principal + Interest
Total Return = Rate × Term
Fixed deposits are one of the safest investments, insured up to limits.
⚠Early withdrawal is penalized at the demand rate. Rates shown are for reference; actual rates per bank.
What Is a Fixed Deposit?
A fixed deposit is a savings product where you agree to lock funds for a set term in exchange for a guaranteed interest rate. Longer terms typically earn higher rates. It\u2019s a low-risk foundation for any savings portfolio.
Simple Interest
Interest = Principal × Rate × Term. Unused funds auto-roll over at maturity.
Term Selection
Common terms: 3mo, 6mo, 1yr, 2yr, 3yr, 5yr. Longer term = higher rate but less liquidity.
Deposit Insurance
Up to limits per depositor per bank, principal + interest fully protected by regulations.
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