As a modern investor, there are a plethora of high-yielding investment options to choose from. Yet, fixed deposits have maintained their foothold amongst various financial investments. 


This makes sense as it is still one that offers you flexibility and the promise of returns. The rate of interest is set at the time of booking an FD, and market fluctuations have zero impact on it. This trait is a significant benefit mainly because it enables you to plan your investment confidently. 

Right from day one, you can calculate the FD maturity amount and know your returns in advance. To calculate FD maturity amount online, the easiest and simplest way is to use an FD calculator. All you have to do is input the right values, and you can know your FD maturity amount within a few seconds.

Deposit Amount

Interest Rate



At Maturity
At Maturity
Half Yearly

Investment Amount

Interest Rate

Total Interest Amount

Total Payout (Principal + Interest)


What is a Maturity Amount?

The maturity amount or value in a fixed deposit is the sum of your invested principal amount along with your interest earnings. These earnings are based on the predetermined FD interest rates and the chosen tenor. 


The three factors determining your maturity amount include the invested amount, the tenor you choose and payout mode. When it comes to the payout mode, the payout frequency is also important. 


For instance, if you opt for a cumulative option, you get interest returns at maturity. Here, your interest rates are higher when compared to a non-cumulative payout option. 


In a non-cumulative deposit, you can avail interest payouts at regular intervals ranging from monthly, quarterly, half-yearly, and annually. Here, based on the frequency, the rate varies as does the FD maturity value.

How to Calculate FD Maturity Amount Using FD Calculator

It is easy to calculate the FD maturity amount using the fixed deposit calculator. Follow these steps to determine your maturity amount and interest earnings in a matter of minutes.

  • Step 1: Enter the deposit amount you wish to invest

  • Step 2: Select the tenor

  • Step 3: Choose the customer type, i.e., whether you are a senior citizen or non-senior citizen

  • Step 4: Choose the payout mode, i.e., payout at maturity or at regular intervals like monthly, quarterly etc.


Once you have filled in all the details, the calculator will automatically provide the FD interest rate, interest earnings and maturity amount.

Formula to Calculate FD Maturity Amount

While an FD interest rate calculator helps calculate the FD maturity amount in no time, it can also help you know the formula used to generate the results.


There are two formulas to calculate FD maturity amount—simple interest and compounding interest.


Here is the maturity value formula to calculate simple interest:


M = P + (P x r x t/100)


  • P is the principal amount (the invested amount)

  • r is the rate of interest per annum

  • t stands for the tenor in years

So, if you deposit ₹1,00,000 at a 6.80% interest rate for 5 years, your maturity value will be:


1,00,000 + (1,00,000 x 6.80 x 5/100)

= ₹1,34,000


Here is the maturity value formula to calculate compounding interest:


M = P ((1 + r/n) ^ (n x t)



  • P is the principal amount

  • r is the rate of interest per period

  • t stands for the tenor

  • n is the frequency of compounding per year

Let us take the same variables to understand the above formula. However, the interest is compounded quarterly.

1,00,000 (1 + 6.80/4) ^ (4 x 5)

= ₹1,40,094

You can use these formulas to do manual calculations, but these are time-consuming and tedious. As such, it is better to use an FD calculator for accurate and quick results.

Benefits of Online FD Calculator to Calculate FD Maturity Amount

There are multiple advantages of using an FD maturity calculator online. They are as follows:

  • It calculates the accurate maturity amount you are most likely to receive

  • You can use this calculator as many times as needed to compare different FDs 

  • 3. You can avoid time-consuming and error-prone manual calculations
  • 4. This online tool is available free of cost

There’s no doubt that the simplest way to calculate the FD maturity amount is to use a digital calculator. You completely eliminate the risk of errors due to miscalculations and save a lot of time. 


Best of all, modern issuers have calculators that dynamically update the information shown to you based on your investor profile. So, if you are only interested in knowing the senior citizen FD rates, you can choose that option on the calculator and get only relevant information. 


This minimises confusion and gives you a more holistic view of the instrument. Finally, certain calculators may even simplify the investing process. Once you calculate the FD maturity amount, you may get an option to invest online right away. 


With just one click, you can immediately start the investing process, wherein you have to fill out an online form, finalise your terms and invest. Bajaj Markets offers such simplicity, and you can invest in FDs from leading issuers in just a few clicks.

All you have to do is use the FD maturity calculator on Bajaj Markets. to find some of the best terms, and invest in an FD that can help you easily achieve your goals.

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The information provided by BFDL is related to the rates provided by Banks and Deposit taking NBFCs as available from public domain and under no circumstances is intended to be source of advice or recommendation of any financial investment advice or endorsement of any sort. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers and use of such information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. Display of any intellectual property along with the related product information does not imply BFDL’s partnership with the owner of the intellectual property of such products and is solely for the purpose of information, unless otherwise provided by BFDL.

FAQs About How to Calculate FD Maturity Amount

Do I have to pay to use the FD maturity calculator?

In most cases, you can use this tool for free as many times as needed. You can use the calculator on Bajaj Markets, find it online with a simple google search, or use the option on the issuer’s website.

Do I need to disclose any personal information when using an FD calculator?

Generally, you are only required to enter the investment terms to calculate the FD maturity amount. However, you may need to enter your age in some cases, as the senior citizen FD rates differ from those offered to non-senior citizen investors.

Is the FD maturity amount calculated with the FD calculator always accurate?

Yes, the online tool ensures accuracy, provided you have entered the right values. Moreover, you can forecast your maturity amount only because the FD is a fixed income instrument, and the interest rate does not change throughout the tenor.

How to calculate FD returns using the formula?

You can use an online FD calculator to calculate your FD maturity amount. However, in case you want to do it manually, here are the two formulas:


For simple interest:

M = P + (P x r x t/100)

where ‘P’ stands for the principal amount (the deposit money), ‘r’ stands for the rate of interest per annum and ‘t’ stands for tenor in years. 


For compounding interest:

M = P ((1 + r/n) ^ (n x t)

where ‘P’ is the principal amount, ‘r’ is the rate of interest per period, ‘t’ is the tenor and ‘n’ is the number of compounding per year.

What is the maturity amount in FD?

The maturity amount in an FD is the sum of your invested principal amount along with your interest earnings, which can vary based on the predetermined FD interest rate and the tenor you choose.

How is the FD maturity amount calculated?

The FD maturity value is a sum of the principal amount you invest and the interest earned over the tenor.

What are the details I need to add when using an FD calculator?

To calculate the FD maturity amount, enter the following details such as the investment amount, tenor, interest payout type (upon maturity or on a monthly/quarterly basis), and the investor type (senior/non-senior citizen).

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