account_balance

Fixed Deposit (FD) Calculator

Investment

Calculate your FD maturity amount and interest earned with compounding.

Calculator Inputs

Live Calculation
₹ 10K ₹ 1Cr
%
3% 10%
Yr
1 Yr 10 Yrs
Maturity Value info
₹ 0
savings
Total Invested
₹ 0
Est. Returns
₹ 0

security Local Math Engine

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Formula Details

How the math works

Systematic Investment Plan (SIP) returns are computed using the Future Value of an Annuity Due formula, taking compounding into account.

FV = P × [((1 + i)^n - 1) / i] × (1 + i)

FV

Future Value of the total accumulated wealth

P

Monthly investment amount

i

Periodic interest rate (Annual Rate / 12 / 100)

n

Total number of monthly contributions (Years × 12)

Reference Deck

Standard Benchmarks

Sample projections under common configurations.

Scenario Short-Term Medium-Term Long-Term
₹5,000 Monthly SIP (12% CAGR) 3 Years: ₹2.17 Lakhs 5 Years: ₹4.12 Lakhs 10 Years: ₹11.61 Lakhs
₹10,000 Monthly SIP (12% CAGR) 3 Years: ₹4.34 Lakhs 5 Years: ₹8.24 Lakhs 10 Years: ₹23.23 Lakhs
₹15,000 Monthly SIP (15% CAGR) 3 Years: ₹6.85 Lakhs 5 Years: ₹13.45 Lakhs 10 Years: ₹41.79 Lakhs

FAQs

Compliance & Calculations

How is the compound return calculated on a monthly basis? expand_more

Unlike simple interest, SIP compound returns are calculated on a monthly compounding frequency. Every month's contribution gains interest over the remaining horizon, accumulating exponentially.

Is mutual fund SIP wealth taxable in India? expand_more

Yes, equity mutual fund returns are taxed based on the holding period. Short-Term Capital Gains (STCG) under 1 year are taxed at 20%, while Long-Term Capital Gains (LTCG) over 1 year are taxed at 12.5% on gains exceeding ₹1.25 Lakhs per financial year.

Can I increase my monthly SIP amount dynamically? expand_more

Yes, you can use a Step-Up SIP where you increase your monthly contribution by a fixed percentage (typically 10%) every year to double your final accumulated wealth.

Accurate FD & RD Calculators for Guaranteed Returns

Fixed Deposits (FD) and Recurring Deposits (RD) remain the safest, most reliable wealth preservation tools in India. Using an fd calculator or an rd calculator instantly reveals your guaranteed maturity amount, completely eliminating market risk from your financial planning.

Whether you are analyzing a lump-sum post office fd calculator return or setting up monthly savings via an sbi rd calculator, understanding the underlying rd calculator formula helps you lock in the highest possible sovereign or bank-backed yields.

Understanding the FD & RD Compounding Formula

While Fixed Deposits compound interest quarterly on a single lump sum, Recurring Deposits compound interest quarterly on systematic monthly deposits. Both use standard compound interest mathematics.

FD Formula: A = P × (1 + r/n)^(n×t)

RD Formula: M = R × [(1+i)^n - 1] / [1 - (1+i)^(-1/3)]

Where interest is traditionally compounded quarterly.

How do I use this fd calculator and rd calculator?

For the FD calculator, input your lump sum deposit amount and tenure. For the RD calculator, input your monthly deposit amount. Enter the bank's interest rate, and the tool will instantly output your guaranteed maturity value.

Why do I need to know the rd calculator formula?

Because RD deposits happen monthly but compounding happens quarterly, the math is complex. Knowing the formula—or relying on this calculator—ensures you get an exact projection rather than a flawed simple-interest estimate.

Is an sbi rd calculator identical to a post office fd calculator?

The underlying math is identical. However, Post Office schemes and SBI offer different interest rates and lock-in periods. Our calculator is highly flexible, allowing you to input any specific rate to compare options side-by-side.