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Investment

Bank Fixed Deposit (FD) Calculator

Verified Indian financial mathematics, statutory regulations, and step-by-step actionable breakdowns.

SIP (Systematic Investment Plan)

Monthly compounding in Equity & Hybrid Mutual Funds

Monthly Investment Amount₹10,000
Expected Annual Returns (CAGR)12.0%
Time Horizon15 Years

Invested Amount

₹18,00,000

Wealth Gained

₹32,45,760

Total Corpus

₹50,45,760

Mathematical Formula & Calculation Engine

Indian banks calculate FD interest on a quarterly compounding frequency using the standard compounding formula.

A = P × [1 + (r / 4)]^(4 × n)

Why Use the Bank FD?

Guaranteed return with DICGC insurance up to ₹5 Lakhs
Flexible tenures from 7 days to 10 years
Overdraft loans available up to 90% of deposit balance

Bank FD FAQs

Because Indian banks compound interest every quarter (4 times a year), interest earned in the first quarter starts earning its own interest in subsequent quarters.

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