FinToku
FD Calculator Pro
Multi-currency · Compound & simple interest · Real payouts · Tax & inflation · Goal planner · Premature withdrawal
Quick start – popular FD options
Currency
Interest type
Rs
%
mo
= 3 years
Compounding frequency
How often interest is compounded
Payout mode
When interest is paid to you
Tax on interest (%)
TDS / income tax on FD interest (optional)
Inflation rate (%)
To calculate inflation-adjusted real returns
Maturity amount
—
Total interest earned
—
— % of principal
Effective annual yield
—
EAR — actual return per year
Post-tax / real value
—
Enter tax or inflation above
Principal
Interest earned
Principal
Cumulative interest
Year-by-year FD growth schedule
| Year | Opening balance | Interest earned | Cumul. interest | Closing balance |
|---|
Compare your current FD against up to three alternative rates or tenures (uses same principal as above).
Option A – rate (% p.a.)
Option A – tenure (yr)
Option B – rate (% p.a.)
Option B – tenure (yr)
Option C – rate (% p.a.)
Option C – tenure (yr)
Work backwards from a target amount to find out what you need to deposit, wait, or earn to get there.
I want to solve for
Target maturity amount
Rs
Annual interest rate (%)
Tenure (years)
—
Enter your target to see the result
Estimate what you'd actually receive if you break your FD before the full tenure ends — most banks apply a penalty rate cut.
Withdraw after
months
Penalty rate cut (%)
Bank's rate for shorter tenure
Most banks pay the lower of (a) your contracted rate minus the penalty, or (b) the rate they'd have offered for the shorter tenure actually held — whichever is less. Adjust both fields to match your bank's actual policy.
Save your current configuration to compare later, or share it with someone else via link. Saved FDs are stored only on this device.
Smart FD tips before you invest
Ladder your deposits
Split a large sum across FDs with different maturities instead of one lump deposit — you get regular liquidity windows without giving up long-term rates.
Check the lock-in and exit penalty
Use the "Premature withdrawal" tab above to see how much interest you'd lose if you need the money early — banks typically cut 0.5–1.5% off your rate.
Factor in tax and inflation
A high headline rate can still deliver a negative real return once tax on interest and inflation are subtracted. Fill in both fields above to see your true take-home growth.
Compare compounding frequency
Monthly or quarterly compounding beats annual compounding at the same headline rate. Check the "Effective annual yield" figure, not just the advertised rate, when comparing banks.
Confirm deposit insurance coverage
Most countries insure bank deposits only up to a set limit per depositor per bank. If your FD exceeds that limit, consider spreading funds across more than one licensed bank.
Watch out for "special tenure" teaser rates
Promotional rates for odd tenures (e.g. 444 days) are often one-time offers that may not renew at the same rate — ask the bank what the renewal rate will be before you commit.
Important disclaimer — please read
- This calculator is provided for general educational and planning purposes only and does not constitute financial, investment, tax, or legal advice.
- All figures are estimates based on the inputs you enter. Actual interest rates, compounding rules, payout schedules, and premature-withdrawal penalties vary by bank, country, deposit type, and prevailing regulations — always confirm exact terms with your bank before depositing.
- Tax treatment of FD interest differs by jurisdiction and personal circumstances. Consult a licensed tax advisor for guidance specific to you.
- Deposit insurance limits (where applicable) are set by each country's regulator and change over time — verify current coverage with your bank or the relevant deposit insurance authority rather than relying on this tool.
- FinToku is not a bank, broker, or financial institution and does not accept deposits, execute transactions, or guarantee any rate, return, or outcome shown here.
- Past or advertised rates are not a guarantee of future rates. Markets and central bank policy can change the rates offered by banks at any time.
Free tool by FinToku · Results are indicative. Consult your bank for exact FD rates and terms.