What is Fixed Deposit (FD)?

Fixed Deposit (FD) is a secure investment option offered by banks and financial institutions. You invest a lump sum amount for a fixed tenure and earn guaranteed interest.

How FD Interest is Calculated?

The maturity amount is calculated using the compound interest formula:

A = P (1 + r/n)^nt

Where:

• P = Principal Amount
• r = Annual Interest Rate
• n = Number of compounding periods per year
• t = Number of years

Benefits of FD Investment

• Safe and low-risk investment
• Guaranteed returns
• Flexible tenure options
• Better than regular savings account

Why Use FD Calculator?

This FD calculator helps you estimate maturity value and total interest earned before investing your money. It helps in financial planning and comparing bank FD rates.