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About MyFDCalculator

MyFDCalculator is India's trusted online Fixed Deposit (FD) interest calculator, designed to help millions of Indians make informed decisions about their FD investments. Whether you're a first-time investor or a seasoned saver, our tool provides accurate, instant calculations to plan your financial future.

Our Mission

To empower every Indian with free, accurate, and easy-to-use financial tools that help them make better investment decisions and achieve their financial goals.

What We Offer

Accurate FD Calculator

Calculate your Fixed Deposit maturity amount using the exact quarterly compounding formula used by Indian banks.

Bank Rate Comparison

Compare FD interest rates from 11+ major Indian banks including SBI, HDFC, ICICI, Axis, and more.

Detailed Breakdown

View period-by-period interest breakdown to understand exactly how your money grows over time.

Calculation History

Save and compare multiple calculations to find the best FD option for your needs.

Why Choose Us?

  • 100% Free: Our calculator is completely free to use with no hidden charges or subscriptions.
  • No Registration Required: Start calculating instantly without creating an account.
  • Privacy First: Your calculation data stays on your device. We don't store your financial information on our servers.
  • Accurate Results: We use the standard compound interest formula used by Indian banks for precise calculations.
  • Updated Rates: We regularly update bank FD interest rates to provide you with current information.
  • Mobile Friendly: Access our calculator on any device - desktop, tablet, or smartphone.
  • Educational Content: Learn about Fixed Deposits through our comprehensive FAQ section.

How Our Calculator Works

Our FD calculator uses the compound interest formula to calculate your maturity amount:

A = P(1 + r/n)nt

Where:

  • A = Maturity Amount
  • P = Principal (initial deposit)
  • r = Annual interest rate (as decimal)
  • n = Compounding frequency per year (4 for quarterly)
  • t = Time period in years

Most Indian banks use quarterly compounding for Fixed Deposits, which means interest is added to your principal four times a year, allowing you to earn interest on interest.

Our Commitment

At MyFDCalculator, we are committed to:

  • Providing accurate and reliable financial calculations
  • Keeping our service free and accessible to all Indians
  • Protecting your privacy and data security
  • Continuously improving our tools based on user feedback
  • Maintaining transparency in how we operate

Disclaimer

MyFDCalculator is an independent website and is not affiliated with any bank or financial institution. The information provided on this website is for educational and informational purposes only. We do not provide financial advice. Always verify interest rates and terms directly with your bank before making investment decisions.

Ready to Calculate Your FD Returns?

Use our free calculator to find out how much your Fixed Deposit will earn.

Start Calculating

Contact Us

We'd love to hear from you! If you have questions, suggestions, or feedback, please visit our Contact Page.