How to calculate fixed deposit maturity amount

2 min read

The maturity amount of a fixed deposit is based on:

  • Deposit amount
  • Tenor
  • Rate of interest
  • Frequency of interest payout

Here’s how these factors affect the maturity amount.

  • Deposit amount
    The higher the deposit, the greater is the maturity amount.
  • Tenor
    Longer tenors result in a higher maturity amounts and usually carry higher interest rates.
  • Interest rate
    Higher FD rates result in higher maturity amounts.
  • Deposit type
    Cumulative FDs provide higher overall returns than non-cumulative FDs.

The easiest way to forecast your FD maturity amount is to use an online FD Calculator and add the above-mentioned details. The calculator gives you the total maturity amount instantly, without requiring any manual work.

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