Annual equivalent rate expresses the return on a comparable yearly basis, useful when comparing tenures.

Banks charge penalties or pay lower rates on early withdrawal. The calculator assumes holding to maturity.

How does this relate to reverse FD?

Use Reverse FD when you know the income you need and want to find required principal.

Fixed Deposit Calculator

Project your fixed deposit earnings and maturity value

Interest Paid

FD Amount

The amount you plan to deposit

Rs.

Annual Interest Rate

Typical FD rates range from 8% – 15%

0.5 %25.0 %

FD Duration

2 years

Years

yrs

0 yrs10 yrs

Additional Months

0 mo11 mo

Total at Maturity

Rs. 1,220,390.96

after 2 years

Total Interest

Rs. 220,390.96

Monthly Interest (avg)

Rs. 9,182.96

average

Annual Interest (avg)

Rs. 110,195.48

average

Interest Earned

18.1%

of total amount

Breakdown

Principal: Rs. 1,000,000.00Interest: Rs. 220,390.96

Interest compounds monthly. Everything paid at maturity.

Compound monthly · full payout at maturity

Lock in principal and annual rate for a chosen term to estimate maturity value and total interest. Compare with savings for flexibility versus rate.

What is AER?: Annual equivalent rate expresses the return on a comparable yearly basis, useful when comparing tenures.
Can I break early?: Banks charge penalties or pay lower rates on early withdrawal. The calculator assumes holding to maturity.
How does this relate to reverse FD?: Use Reverse FD when you know the income you need and want to find required principal.