About the FD Calculator
Accurate fixed deposit maturity numbers matching bank conventions.
What it is
The FD Calculator computes a fixed deposit's maturity value using the compound interest formula A = P(1 + r/n)^(nt), matching the pattern of the existing Compound Interest Calculator but tailored to FD conventions โ monthly, quarterly, half-yearly, or yearly compounding, and cumulative vs. non-cumulative payout modes.
Features
Compounding frequency
Monthly, quarterly, half-yearly, or yearly โ the standard bank FD options.
Cumulative vs non-cumulative
Separate math for reinvested interest versus periodic payouts.
Effective annual yield
Shows the real return accounting for compounding frequency.
Growth table
A year-by-year breakdown of the deposit's value.