How often does FD interest compound?

Most Indian banks compound quarterly. The calculator uses A = P × (1 + r/4)^(4t) for cumulative FDs.

What is the difference between cumulative and non-cumulative FD?

Cumulative reinvests interest and pays a lump sum at maturity. Non-cumulative pays interest monthly, quarterly or yearly to your account.

Is TDS deducted on FD interest?

Yes — banks deduct 10% TDS if interest exceeds ₹40,000/year (₹50,000 for seniors). The calculator estimates the deduction.

Is my FD safer than mutual funds?

FDs give capital protection and up to ₹5 lakh DICGC insurance, but returns rarely beat inflation. Equity mutual funds carry risk but higher long-term returns.

FD Calculator — Fixed Deposit Maturity & Interest

Preparing your view

Crunching the latest numbers…