Bank fixed deposit maturity and interest calculator. Supports cumulative reinvestment, monthly or quarterly payouts, senior citizen rate additions, and Indian Section 194A TDS threshold alerts.
Runs entirely in your browser
A fixed deposit (FD) locks a sum with a bank for a set term at a fixed interest rate, and this calculator works out the maturity value and interest earned. It supports cumulative FDs (where interest is reinvested, typically compounded quarterly) as well as monthly or quarterly payout options, plus the additional interest banks offer senior citizens.
It also flags the Section 194A TDS threshold — the point at which the bank deducts tax at source on your FD interest — which is a detail that surprises people at maturity. Seeing the maturity amount, the interest component and any TDS implication together gives a complete picture before you commit funds.
It runs in your browser, so your figures stay private. Rates and thresholds change, so use it to compare options and plan; your bank’s current rate and rules are the final word.
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