FD Calculator
Compute the maturity amount of a fixed deposit with quarterly compounding (the standard Indian bank convention).
Inputs
₹
₹1,00,000
% p.a.
7%
yrs
5 yrs
Invested
₹1.00 L
Est. returns
₹41.5K
Future value
₹1.41 L
in 5 yrs
Year-wise breakdown
| Year | Principal | Returns | Balance |
|---|---|---|---|
| 1 | ₹1,00,000 | ₹7,186 | ₹1,07,186 |
| 2 | ₹1,00,000 | ₹14,888 | ₹1,14,888 |
| 3 | ₹1,00,000 | ₹23,144 | ₹1,23,144 |
| 4 | ₹1,00,000 | ₹31,993 | ₹1,31,993 |
| 5 | ₹1,00,000 | ₹41,478 | ₹1,41,478 |
Formula & assumptions
FV = P × (1 + r/n)^(n × t), where n = 4 (quarterly).
Quarterly compounding as per standard Indian bank convention. Pre-tax.