Fixed Deposit (FD) Calculator
Calculate your maturity amount and interest earned on Fixed Deposits with quarterly and monthly compounding options.
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Fixed Deposit maturity audit. Calculating precise yield across cumulative and non-cumulative interest payout structures.
Compounding Intervals
02Standard bank deposits typically compound interest periodically (monthly, quarterly, or annually). This means your 'Effective Annual Yield' (EAY) is slightly higher than the stated nominal interest rate. Our engine accounts for these compounding cycles to provide the exact maturity value.
The TDS Shield
Remember that interest income is often taxable. Use our 'Post-Tax' analysis to see your actual net return based on your local tax bracket.
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Verified Solutions v2.0
What is cumulative vs non-cumulative?
In a cumulative FD, interest is reinvested and paid at maturity (maximizing compounding). In non-cumulative, interest is paid out monthly or quarterly as regular income.