Introduction
Briefly explain what an FD (Fixed Deposit) is.
Why use an FD interest calculator?
Mention benefits (accuracy, time-saving, financial planning).
CTA: Try our free calculator below!
FD Interest Rates Calculator
Calculate your Fixed Deposit (FD) interest easily for monthly and yearly returns.
Results
Total Amount: ₹0
Interest Earned: ₹0
What is an FD Interest Calculator?
Definition & how it works.
Manual vs. automatic calculation (why calculators are better).
Key inputs: Principal, tenure, interest rate, compounding frequency.
How to Use an FD Interest Calculator? (Step-by-Step Guide)
Step 1: Enter Principal Amount
Step 2: Select Tenure (Months/Years)
Step 3: Choose Interest Rate (compare banks)
Step 4: Select Compounding Frequency (monthly, quarterly, yearly)
Step 5: View Maturity Amount & Interest Earned
Screenshot/Example for clarity.
Types of FD Interest Calculation Methods
Simple Interest (rarely used in FDs)
Compound Interest (most common)
Quarterly, half-yearly, yearly compounding
Formula: A = P (1 + r/n)^(n*t)
Example calculation
Factors Affecting FD Returns
Interest Rate (varies by bank & tenure)
Tenure (longer = higher returns)
Compounding Frequency (more frequent = better returns)
Tax Implications (TDS on interest)
Best Banks for FD (Comparison)
| Bank | Interest Rate (1-3 years) | Special Features |
|---|---|---|
| SBI | 6.50% | Senior citizen benefits |
| HDFC | 7.00% | Flexible tenure |
| ICICI | 6.75% | Online FD booking |
| Post Office | 7.10% | Govt-backed security |
Tax on FD Interest
TDS (Tax Deducted at Source) if interest > ₹40,000 (₹50,000 for seniors).
How to save tax? (5-year tax-saving FDs, Form 15G/H).
Conclusion
Recap benefits of using an FD interest calculator.
Encourage readers to compare rates before investing.
CTA: Try our free calculator & maximize returns!