Premium Fixed Deposit Calculator
Calculate maturity amount, interest earned, and effective yield with precision. Compare FD plans, analyze tax impact, and plan your investments effectively.
Investment Details
🏦Compound
Simple
Maturity Summary
📊
Maturity Amount
₹0.00
Total Investment
₹0.00
Total Interest Earned
₹0.00
Effective Annual Yield
0.00%
Maturity Date
–
Post-Tax Return (Net Maturity)
₹0.00
Step-by-Step Solution
FD Comparison
⚖️Add multiple FD scenarios to compare maturity amounts side-by-side.
| Principal | Rate | Tenure | Type | Maturity | Interest | Action |
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FD Knowledge Base
📚- What is FD? A Fixed Deposit is a financial instrument provided by banks offering a higher rate of interest than regular savings accounts, until the given maturity date.
- Simple vs Compound: Simple interest is calculated only on the principal. Compound interest is calculated on the principal and accumulated interest, yielding higher returns.
- Cumulative vs Non-Cumulative: Cumulative FDs reinvest interest for a lump sum at maturity. Non-cumulative FDs pay interest periodically (monthly/quarterly).
- Senior Citizen FD: Offers an additional interest rate (usually 0.50% higher) for individuals above 60 years.
- Tax Saving FD: 5-year lock-in period with tax deduction under Section 80C (India). Premature withdrawal is not allowed.
Popular Examples
⭐Standard Savings Plan
₹1,00,000 for 5 Years @ 6.5% Quarterly Compounding
Senior Citizen Retirement
₹5,00,000 for 10 Years @ 7.25% Monthly Compounding
Tax Saving Plan
₹1,50,000 for 5 Years @ 7.0% Annual Compounding
Child Education Fund
₹10,00,000 for 15 Years @ 8.0% Quarterly Compounding
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