FD Maturity Calculator
Enter the deposit start date and tenure to see exactly when your fixed deposit matures and how much you will receive. Add the senior citizen rate if it applies.
Results
Maturity value
₹7,07,389.10
- Maturity date
- 1 October 2031
- Interest earned
- ₹2,07,389.10
- Interest rate applied
- 7%
A deposit of ₹5,00,000.00 made on 1 October 2026 at 7% matures on 1 October 2031 at ₹7,07,389.10.
Show the calculation steps
- Rate applied = base 7% + extra 0% = 7%.
- Maturity date = 1 October 2026 + 5 years = 1 October 2031.
- Maturity value = P × (1 + r ÷ n)^(n × t) = ₹7,07,389.10, compounded 4 times a year.
- If the deposit is closed early, banks pay a lower rate and may charge a penalty. Use the tenure the bank has confirmed.
Maturity date
The maturity date is the start date plus the tenure. If it falls on a bank holiday, the bank usually pays on the next working day.
Senior citizen rates
Many banks offer senior citizens an additional rate on top of the normal one. Enter it in the additional rate field to see the higher maturity value.
Formula
Maturity = P × (1 + r ÷ n)^(n × t)
Maturity date = start date + tenure
r = base rate + additional rate
Where:
- P
- = Deposit amount
- r
- = Total annual rate as a decimal
- n
- = Compounding periods per year
- t
- = Tenure in years
Example calculation
₹5,00,000 at 7% + 0.5% for 5 years from 1 October 2026
Inputs
- Deposit Amount
- ₹5,00,000
- Interest Rate
- 7 %
- Deposit Tenure
- 5 years
- Additional Rate
- 0.5 %
- Deposit Start Date
- 1 October 2026
- Interest Compounded
- Quarterly
Result
- Maturity value
- ₹7,24,974.01
- Maturity date
- 1 October 2031
- Interest earned
- ₹2,24,974.01
- Interest rate applied
- 7.5%
Step-by-step
- Rate applied = base 7% + extra 0.5% = 7.5%.
- Maturity date = 1 October 2026 + 5 years = 1 October 2031.
- Maturity value = P × (1 + r ÷ n)^(n × t) = ₹7,24,974.01, compounded 4 times a year.
Important notes
- Results are estimates based on the values you enter. They assume the rates stay constant and exclude taxes and fees unless stated.
Disclaimer: This calculator provides estimates for informational purposes and should not be considered financial advice. Actual figures from lenders, banks and investment products can differ because of fees, taxes, rounding rules and changing rates. Consult a qualified professional before making financial decisions.
Frequently asked questions
How do I find my FD maturity date?
Add the tenure to the start date. This calculator does it for you.
Does the additional rate compound too?
Yes, it is added to the base rate and the total is compounded.
What if the maturity date is a holiday?
Banks typically pay on the next working day. Interest is normally not paid for that extra day.
Related calculators
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- FD Monthly Interest CalculatorWork out the monthly, quarterly and yearly interest a fixed deposit can pay out as regular income.
- RD Maturity CalculatorFind how much your recurring deposit will be worth at maturity, and how much of it is your own money.
- PPF CalculatorCalculate the maturity value and tax-free interest on a Public Provident Fund account for 15 years or longer.
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