FD Calculator

Total Investment Amount (₹)
Expected Return (p.a.)
Time Period (years)
Invested amount
₹ 50,000
Estimated returns
₹ 18,504
Total Value
₹ 68,504

One sort of short-term investment that many banks and NBFCs provide is a fixed deposit. With some restrictions, these deposits often offer a higher interest rate. Your deposit is locked for a certain amount of time, which can be anything from a week to ten years.

The amount of interest that will accrue at maturity can be calculated using an FD calculator. It is a straightforward programme that may be found on the StockGro website.

How can you benefit from an FD calculator?

It can take a lot of time and effort to determine an FD's maturity amount. It may be calculated quickly and easily using an online FD calculator.

  • Calculations for FD maturity are difficult and involve many variables. With simply the push of a button, a fixed deposit calculator handles all the legwork and provides you with precise data.
  • You can use it to speed up these time-consuming calculations.
  • You can compare the maturity amount and interest rates of FDs offered by various financial institutions using a fixed deposit return calculator. When you have all the facts at your disposal, you can make a wise decision.

The equation to calculate the maturity amount of FDs

You can choose between two different forms of FDs: Simple interest FDs and compound interest FDs. StockGro provides calculators for both FD kinds.

The simple interest calculator for fixed deposits The following formula is used by FD:

M = P + (P x r x t/100), where -

P is the principal sum you have deposited.
r is the annual interest rate.
t is the tenure in years.

For instance, the equation reads as follows if you deposit Rs. 1,000,000 for 5 years at 10% interest:

M = Rs. 1,00,000 + (1,00,000 x 10 x 5/100) Or, Rs. 1,50,000

The FD return calculator applies the following formula for compound interest:

M = P + P (i/100 + 1) t - 1, where -

P is the principal amount
i is the rate of interest per period
t is the tenure

For instance, if you use the identical variables, compound interest will grow,

M= Rs. 1,00,000 ((1 + 10/100) 5-1) Or, Rs. 1,61,051

How do I use the FD calculator by StockGro?

Use the instructions listed below to conveniently use an FD deposit calculator.

  • Make sure you have access to all the necessary information.
  • Fill in the variables in the formula's designated places as instructed.
  • Instantaneously visible will be the FD maturity amount.

Benefits of the StockGro FD Calculator in India

Utilise the FD amount calculator to determine the precise amount you will receive at the time of FD maturity.

Using these calculators has a number of additional benefits, including:

  • Obtain the precise amount you will be entitled to at the conclusion of your maturity period and make future plans appropriately.
  • Both of these calculators are openly available to registered users for unrestricted use.
  • It's simple to compare the maturity amounts of various financial institutions.
  • You may easily arrange your money with the following calculators in addition to the Fixed Deposit Calculator. You are welcome to utilise all of our services as often as you like for free.

FD Calculator FAQs

Is the FD interest calculator free to use?

Absolutely. The calculators are available to use for free. We offer free calculators for everyone.

What is the formula for FD Interest?

Formula for Calculating FD Interest
A = P(1 + r / n) ^ n * t.
Maturity Amount = A
Principal Amount = P
r = Interest Rate
t = The FD's duration
"n" stands for compound interest frequency.

What is the formula for FD maturity amount?

The total of your deposited capital and interest earnings constitutes the maturity amount or value of a fixed deposit. These profits are dependent on the selected tenor and the predetermined FD interest rates.

How many years of FD is beneficial?

Fixed deposit (FD) plans like the five-year fixed deposit provide investors with strong liquidity and can be utilised as a source of emergency funds. The purchase of a new car, a down payment for a house, and other long-term financial objectives can be accomplished with 5 to 10 years fixed deposits.
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