📘 What is FD?

Fixed Deposit (FD) is a safe investment option offered by banks and NBFCs. You deposit a lump sum for a fixed tenure at a predetermined interest rate.

📈 How Returns Are Calculated?

FD returns are calculated using the compound interest formula:
A = P (1 + r/n)nt
where A = maturity, P = principal, r = rate, n = compounding frequency, t = time.

💡 Why Use an FD Calculator?

• Get quick and accurate maturity estimates.
• Compare different tenures and rates.
• Plan your financial goals effectively.