FD Calculator
Fixed deposit maturity amount with quarterly compounding
FD maturity
- Maturity
- ₹7,07,389
- Interest earned
- ₹2,07,389
How to use
- Enter deposit amount (principal).
- Enter annual interest rate offered by your bank.
- Enter tenure in years.
- See maturity amount and interest earned (quarterly compounding).
The formula (in simple words)
Maturity = P × (1 + r/n)^(n×t), where P is principal, r is annual rate, n is compounding frequency per year (4 for quarterly), t is years.
Frequently asked questions
Yes, just enter the higher rate your bank offers for senior citizens.