How to Use the Fixed Deposit Calculator

Our Fixed Deposit Calculator is a powerful tool to help you plan your investments, whether you’re using it as a cd calculator for certificates of deposit or a term deposit calculator for fixed-term savings. Follow these step-by-step instructions to calculate your fixed deposit returns and visualize your investment growth.

Step 1: Enter Your Total Investment

Start by entering the amount you plan to invest. For example, if you’re using this as a fd calculator and investing $100,000 in a fixed deposit, input “100000” in the Total Investment field.

Step 2: Select Customer Type

Choose your customer type—General Citizen or Senior Citizen. Senior citizens often receive higher interest rates, which this cd rate calculator adjusts dynamically.

Step 3: Choose Type of Fixed Deposit

Select the type of deposit—Cumulative (Reinvestment) or Non-Cumulative. Cumulative deposits reinvest interest, while non-cumulative deposits pay out interest periodically, a feature useful in a post office fd calculator.

Step 4: Set Payout Frequency (For Non-Cumulative Deposits)

If you chose a non-cumulative deposit, select the payout frequency—On Maturity, Monthly, or Quarterly. This determines how often you receive interest payments.

Step 5: Specify Investment Period

Enter the duration of your investment in years, months, and days. For example, input “5” years, “0” months, and “0” days for a 5-year term deposit, ideal for a term deposit calculator.

Step 6: Set the Start Date

Choose the start date of your investment. For example, select “2025-04-14” to calculate the maturity date accurately.

Step 7: Add Tax Rate for TDS (Optional)

Input the tax rate for TDS (Tax Deducted at Source) if applicable. For example, enter “0” if there’s no tax, or “10” for a 10% TDS rate, which this fd calculator will use to calculate after-tax returns.

Step 8: Calculate Your Returns

Click the Calculate button to see your results. The calculator will display your maturity value, estimated returns, and more, similar to tools like fd calculator hdfc or fd calculator sbi.

Step 9: Review Your Results

• Maturity Value: The total amount at the end of the term, such as “$138,042.00”.
• Invested Amount: Your initial investment, like “$100,000.00”.
• Estimated Returns: The interest earned, for example, “$38,042.00”.
• After-Tax Returns: The interest after TDS, such as “$38,042.00”.
• Effective Yield: The annual yield, like “7.52%”.
• Maturity Date: The date your deposit matures, such as “Apr 14, 2030”.

Step 10: Explore the Investment Breakdown

The Investment Breakdown section shows a pie chart illustrating the proportion of your maturity value from the invested amount and returns.

Step 11: Analyze Maturity Value Over Time

The Maturity Value Over Time section displays a line chart showing how your investment grows annually with this fixed deposit calculator.

Step 12: Review Investment Details

The Investment Details table provides a yearly breakdown of interest earned and maturity value. You can download this table as a CSV file using the Download CSV button.

Step 13: Open a Fixed Deposit

Once satisfied with the results, click the Open Fixed Deposit button to proceed with your investment.

This Fixed Deposit Calculator helps you make informed decisions by providing a clear view of your investment growth.