FD CALCULATOR

FD Calculator - Free online calculator to calculate maturity value and interest earned on fixed deposits... Fixed deposit is a term deposit scheme offered by banks and corporations in India, with tenures ranging from 7 days to 10 years. There are two kinds of FD schemes viz., cumulative and periodic interest payout. Interests on cumulative deposits are compounded quarterly and paid on maturity. Short term deposits with interest payout are usually paid in simple interest. Refer to MIS calculator for term deposits with monthly interest payout. On this page, our focus is on cumulative fixed deposits.