Free Fixed Deposit (FD) & Recurring Deposit Calculator

Calculate maturity value and interest earnings on Bank Fixed Deposits (FD) and Recurring Deposits (RD) with quarterly compounding and senior citizen rates.

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About Fixed Deposit (FD) & RD Calculator

Computes fixed deposit maturity payout following Indian banking standards (quarterly compounding interest) with senior citizen bonus rate support.

How to Use Fixed Deposit (FD) & RD Calculator Online

  1. Enter your Fixed Deposit deposit amount (₹).
  2. Enter Annual Interest Rate (%) offered by the bank.
  3. Enter tenure in Months or Years.
  4. Select Senior Citizen if applicable (+0.50% typical boost).
  5. View total interest payout and maturity amount.

Frequently Asked Questions

How often is FD interest compounded by Indian banks?
Most Indian banks compound FD interest on a quarterly basis (every 3 months).