How the FD Calculator works
Most Indian banks compound fixed deposit interest quarterly. The calculator uses A = P × (1 + r/4)4t.
FD interest is taxable as per your income slab, so your post-tax return may be lower.
Calculate fixed deposit maturity amount and interest with quarterly compounding.
Results are estimates for learning and planning. Actual returns, rates and charges vary.
Most Indian banks compound fixed deposit interest quarterly. The calculator uses A = P × (1 + r/4)4t.
FD interest is taxable as per your income slab, so your post-tax return may be lower.