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Fixed Income & Savings Calculator

FD, RD, PPF, NSC, SCSS, Post Office MIS, SSY, Compound & Simple Interest calculators.

Free to use
Accurate formula
Updated regularly

FD Calculator

₹1.00 L Minimum ₹1.0K; maximum ₹1.00 Cr.

7.0% Minimum 1.0%; maximum 15.0%.

3 yr Minimum 1 yr; maximum 10 yr.

Compounding Frequency

Maturity Amount

₹1,23,144

Interest Earned

₹23,144

Principal

₹1,00,000

Effective Rate

7.19%

  • Principal
  • Interest

FD Growth Year-by-Year

YearPrincipalInterest EarnedMaturity Amount
Y1₹1,00,000₹7,186₹1,07,186
Y2₹1,00,000₹14,888₹1,14,888
Y3₹1,00,000₹23,144₹1,23,144

Understanding Fixed Income

FD

Fixed Deposit offers guaranteed returns at a fixed rate.

RD

Recurring Deposit builds savings through monthly contributions.

PPF

Public Provident Fund offers tax-free returns with 15-year lock-in.

SSY

Sukanya Samriddhi Yojana for girl child with high interest rates.

Key Insights

Safety First

FD and PPF are among the safest investment options in India.

Tax Benefits

PPF, NSC, and SSY offer tax deductions under Section 80C.

Compound Growth

Compounding frequency significantly impacts your maturity amount.

Learn more about savings

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Method, example and interpretation · Revised 16 October 2026

Separate growth products from income-paying schemes

A maturity balance and a stream of interest payouts are not interchangeable. Use FD or compound-interest mode for reinvested interest. Use SCSS or Post Office MIS to examine periodic income and the principal returned separately. Scheme eligibility, rates and deposit ceilings must be verified for the account opening date.

What the modes assume

FD lets you select a compounding frequency. RD deposits money monthly with a quarterly interest convention. PPF and SSY illustrations assume each annual contribution is made early enough to receive that year’s full modelled interest. NSC uses a five-year annual-compounding illustration. These are timing assumptions, not a guarantee of an account statement’s exact interest.

Payouts are not reinvested automatically

SCSS interest is shown as quarterly cash flow; its maturity principal excludes payouts already received. MIS shows monthly income and the principal at maturity. If you reinvest those payouts elsewhere, model that second investment separately rather than adding another compound return to the original account.

Check the account restrictions

MIS switches between a single and joint-account limit. SSY limits contributions to a selected period up to fifteen years and illustrates maturity twenty-one years after opening. Taxability, withdrawals, account eligibility, contribution dates and future rate changes can alter actual outcomes. Rates shown in these illustrations are assumptions and should be checked with India Post or the account provider.

Worked example

A ₹1,00,000 deposit compounded quarterly at 7% for five years.

Illustrative balance: ₹1,41,478.

Compare this reinvested-interest balance with a payout account, where the principal stays unchanged and interest reaches you earlier.

Questions about this tool

Does the calculator deduct TDS or final income tax?

No. Displayed growth and payout figures are before tax; withholding and final liability are separate questions.

Sources and rules to verify