Interest Rate Calculator for Fixed Deposit in India

Fixed Deposit Interest Rate Calculator

Deposit Amount (₹) Interest Rate (%) Investment Period (Years) Maturity Amount (₹)

This Fixed Deposit interest rate calculator helps you estimate the maturity amount based on the deposit amount, interest rate, and investment period.

Interest Rate Formula

Maturity Amount = Deposit Amount × (1 + (Interest Rate × Years))

Example Calculation

If you invest ₹100,000 at an interest rate of 7.5% for 5 years, your maturity amount will be ₹140,625.

Why It Matters

Understanding your fixed deposit returns allows you to plan your finances better and maximize your savings over time.

Smart Strategy

Choose a fixed deposit with a higher interest rate for better returns. You can also explore tax-saving FD options to benefit from tax deductions.

function calculateMaturityAmount() { const depositAmount = parseFloat(document.getElementById(“depositAmount”).value); const interestRate = parseFloat(document.getElementById(“interestRate”).value) / 100; const years = parseFloat(document.getElementById(“years”).value); if (isNaN(depositAmount) || isNaN(interestRate) || isNaN(years) || depositAmount <= 0 || interestRate <= 0 || years el.value = “”); document.getElementById(“maturityAmount”).value = “”; } function formatCurrency(n) { return “₹” + n.toFixed(2); }

Interest Rate Calculator India Fixed Deposit