Plan your savings with precision. Calculate your Fixed Deposit maturity amount and interest earned instantly.
Investment Details
Total Interest Earned
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Maturity Amount
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Growth Summary
Understanding Fixed Deposits in 2026
A Fixed Deposit (FD) remains one of the safest and most popular investment vehicles in India. It allows investors to deposit a lump sum amount for a fixed tenure at a predetermined interest rate. Unlike market-linked investments, FDs offer guaranteed returns, making them ideal for risk-averse individuals and senior citizens.
In 2026, with evolving digital banking, calculating your returns before investing is crucial. Our **FD Calculator** helps you compare different compounding frequencies to maximize your wealth.
Why Invest in FDs?
- ✔ Guaranteed Returns: Not affected by stock market volatility.
- ✔ Flexible Tenure: Range from 7 days to 10 years.
- ✔ Loan Facility: Most banks offer loans up to 90% of the FD value.
- ✔ Senior Citizen Benefits: Usually 0.50% higher interest rates.
How to Use?
Simply enter your investment amount, the annual interest rate offered by your bank, and the duration. Select the compounding frequency (Quarterly is standard in India) to see your maturity value.
Compounding Effect
The more frequent the compounding (e.g., Monthly vs Yearly), the higher the interest you earn. Most Indian banks compound interest every quarter (every 3 months).
Taxation (TDS)
Note that interest earned on FDs is taxable. Banks deduct TDS if the interest exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year.
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