Fixed deposits, recurring deposits and government schemes are the backbone of many savings plans. These calculators show the maturity value, the interest earned and how the balance grows.
Interest rates for schemes such as PPF, EPF and Sukanya Samriddhi are set by the government and can change. Each calculator lets you edit the rate, so you can update it to the current figure.
Bank and scheme rates change. Every rate is an input you can edit, so enter the rate currently offered before relying on a result.
Most banks compound quarterly. The FD calculators let you choose the compounding frequency so the result matches your deposit.
Interest on deposits is usually taxable, and some schemes have special exemptions. The calculators show interest before tax.
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.
