Calculate Fixed & Recurring Deposit maturity with TDS and compounding
Calculate Fixed Deposit and Recurring Deposit maturity amount with quarterly compounding, TDS @10%, and compare banks. Supports senior citizen rates. This tool is built for practical, real-world usage where speed, clarity, and reliable output matter. You can start with the default values, review the result, and then refine inputs step by step to match your exact scenario.
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Most Indian banks compound FD interest quarterly. The formula is: Maturity = P × (1 + r/4)^(4×t).
TDS @10% is deducted if your total FD interest in a financial year exceeds ₹40,000 (₹50,000 for senior citizens). Submit Form 15G/15H to avoid it.
RD uses quarterly compounding on each installment. Maturity = P × [(1+r/4)^(4×t) - 1] / (1 - (1+r/4)^(-1/3)), simplified for monthly deposits.
Purpose: Calculate FD & RD maturity with quarterly compounding, TDS, and senior citizen rates.
Dual-mode calculator for Fixed Deposits and Recurring Deposits. Supports quarterly compounding, senior citizen 0.50% bonus, TDS deduction at configurable rates, and effective yield calculation. Toggle between FD and RD with dynamic form switching.
This page includes tool-specific method notes, edge-case guidance, and reference context to provide substantial user value beyond a basic calculator interface.