A Fixed Deposit (FD) is a financial investment offered by banks where you deposit money for a fixed period and earn interest at a predetermined rate.
Enter the deposit amount, interest rate, investment duration and compounding frequency. The calculator will estimate the maturity amount and the total interest earned.
Fixed deposits are considered one of the safest investment options. They offer guaranteed returns and predictable income compared to market-linked investments.
Actual interest rates may vary depending on the bank, tenure and current financial policies.