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 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 details mentioned above. The calculator instantly gives you the total maturity amount without requiring any manual work.

Read More Read Less