Runs in your browser
Fixed Deposit (FD) Calculator
Compute bank fixed deposit maturity and total interest using standard quarterly compounding.
Parameter ControlsInstant Compute
5,0001,00,00010,000,000
17.115
1510
Maturity AmountIn-Browser
₹1,42,175
Principal Deposited₹1,00,000
Total Compounded Interest₹42,175
Compounding FrequencyQuarterly (4 times/yr)
Recommended Next StepsInternal Tools · Instant Run
How this calculation works
Fixed deposits compound interest quarterly according to the global banking formula: A = P × (1 + r/4)^(4t), where P represents initial principal, r is the annual nominal interest rate divided by 100, and t is the maturity period in years. Quarterly compounding yields a higher effective annual rate than simple interest because accumulated interest from each quarter generates its own interest in subsequent quarters.
Frequently Asked Questions
How often is FD interest compounded?▼
Most commercial banks compound interest on fixed deposits on a quarterly basis.