FD & RD Calculator (Fixed & Recurring Deposit)

Compute bank FD (lump-sum) and RD (monthly installment) maturity values using quarterly IBA compounding conventions.

Fixed Deposit (FD) Maturity Value
₹2,48,109.40
Total interest earned: ₹48,109.40 (Effective yield: 7.45% p.a.)
Total Principal Deposited ₹2,00,000.00
Total Interest Earned ₹48,109.40
Effective Annual Yield 7.45%
Deposit Tenure 36 months (3 yrs)
Inputs
Select lump-sum FD or monthly RD.
₹ INR
Principal lump sum for FD, or monthly installment for RD.
% p.a.
Bank card rate (senior citizens typically receive +0.50%).
months
Duration in months (e.g., 12, 24, 36, 60 months).
Indian cumulative FDs and RDs compound quarterly.
Results & Graph
Fixed Deposit (FD) Maturity Value
₹2,48,109.40
Total interest earned: ₹48,109.40 (Effective yield: 7.45% p.a.)
Total Principal Deposited
₹2,00,000.00
Total Interest Earned
₹48,109.40
Effective Annual Yield
7.45%
Deposit Tenure
36 months (3 yrs)

Principal vs. Interest Earned at Maturity

FD composition over 36 months
Graph 1 • Principal vs. Interest Earned at Maturity FD composition over 36 months
Principal Deposited: 200,000 INRInterest Earned: 48,109 INR Principal Deposited 200,000 INR Interest Earned 48,109 INR
Graph 2 • Proportional Share Ring Net vs. tax/interest share
TOTAL 248.1k Principal Deposited 200.0k (80.6%) Interest Earned 48.1k (19.4%)
Graph 3 • Projected Payout / Corpus Across Service & Tenure Horizons Statutory benchmark comparison across brackets or years
0 391.5k 783.0k 5 Yrs: 145,000 145.0k 5 Yrs 10 Yrs: 290,000 290.0k 10 Yrs 15 Yrs: 435,000 435.0k 15 Yrs 20 Yrs: 580,000 580.0k 20 Yrs 25 Yrs: 725,000 725.0k 25 Yrs
Summary: Principal deposited is ₹2,00,000.00 and interest earned is ₹48,109.40.
Summary: A Fixed Deposit of ₹2,00,000.00 for 36 months at 7.25% p.a. (compounded 4×/year) matures at ₹2,48,109.40, generating ₹48,109.40 in guaranteed interest.

Formula & Mathematical Methodology: Quarterly Compounded FD & RD Maturity Formula

FD Maturity:   A = P × (1 + r4)4t,   EAR = (1 + rm)m − 1
FD: A = P × (1 + r / 4)^(4 × t); Effective Annual Rate = (1 + r / m)^m − 1
  • P: Deposit principal
  • r: Annual nominal interest rate (decimal)
  • t: Tenure in years (Months ÷ 12)

Rounding: Rounded to 2 decimal places.

Worked Example: ₹2,00,000 Fixed Deposit at 7.25% p.a. for 36 Months (Quarterly Compounding)

A saver places ₹2,00,000 in a 3-year cumulative bank FD at 7.25% compounded quarterly (12 quarters).

  1. Quarterly rate = 7.25% ÷ 4 = 1.8125% (0.018125).
  2. Maturity Value = ₹2,00,000 × (1.018125)^12 = ₹2,48,109.40.
  3. Total interest earned = ₹48,109.40 (Effective annual yield = 7.45%).
Result: Maturity value is ₹2,48,109.40 with ₹48,109.40 in interest.

Frequently Asked Questions

Why is the Effective Annual Yield higher than the nominal FD rate?

Because interest is credited every quarter and earns interest in subsequent quarters. A 7.25% rate compounded quarterly yields an effective annual return of 7.45%.

Finance & Investing • Bank Deposits & Guaranteed Returns Guide

How to Use the FD & RD Calculator (Fixed & Recurring Deposit): Practical Guide & Visual Analysis

Switch seamlessly between Fixed Deposit (lump sum) and Recurring Deposit (monthly savings) modes with configurable quarterly, monthly, or annual compounding. Whether you are researching fixed deposit calculator, recurring deposit calculator, bank fd maturity, rd maturity calculator, cd calculator, this interactive tool helps you calculate maturity amount, total interest earned, and effective annual yield for Bank Fixed Deposits (FD) and Recurring Deposits (RD).

Interpreting the 3 Custom Visual Graphs & Key Outputs

As you adjust Deposit Scheme Type, Deposit Amount (Lump Sum or Monthly), Nominal Annual Interest Rate, Deposit Tenure (Months), the calculator immediately computes Maturity Value (₹), Total Principal Deposited (₹), Total Interest Earned (₹), Effective Annual Yield (%) and updates all three domain-specific SVG charts in real time. Instead of relying on a single static figure, you can inspect the primary domain diagram, component breakdown, and multi-point trajectory curve to see how changing your inputs shifts the final result. Use the Compare (up to 3 scenarios) button to evaluate side-by-side variations before making a decision.

Real-World Benchmark & Planning Tips (India (IBA Quarterly Compounding Norm) & Global)

In our benchmark scenario (₹2,00,000 Fixed Deposit at 7.25% p.a. for 36 Months (Quarterly Compounding)), Maturity value is ₹2,48,109.40 with ₹48,109.40 in interest. Keep in mind that cumulative reinvestment option where interest remains in the deposit until maturity. For related calculations in Finance & Investing, explore PPF Calculator (Public Provident Fund), SIP Calculator (Systematic Investment Plan), Compound Interest Calculator.