Fixed Deposit Calculator
Calculate your FD maturity amount and interest earned
FD Details
$
$1,000
$1,00,00,000
%
1%
15%
About Fixed Deposits
Fixed Deposits (FDs) are investment instruments offered by banks and NBFCs where you can deposit a lump sum amount for a fixed tenure at a predetermined interest rate. They offer guaranteed returns and are considered low-risk investments.
FD Maturity Details
Deposit Amount
$5,00,000
Interest Earned
$2,24,364
Maturity Value
$7,24,364
Effective Yield
7.5%
Yearly Breakdown
| Year | Opening Balance | Interest | Closing Balance |
|---|---|---|---|
| 1 | $5,00,000 | $38,906 | $5,38,906 |
| 2 | $5,38,906 | $41,920 | $5,80,826 |
| 3 | $5,80,826 | $45,183 | $6,26,009 |
| 4 | $6,26,009 | $48,708 | $6,74,717 |
| 5 | $6,74,717 | $52,512 | $7,27,229 |
Benefits of Fixed Deposits
Safe & Secure
FDs are one of the safest investment options with guaranteed returns.
Fixed Returns
Earn a predetermined interest rate regardless of market fluctuations.
Flexible Tenures
Choose tenure from 7 days to 10 years based on your financial goals.