India Fixed Deposit Calculator
Estimate a cumulative fixed deposit’s maturity value and interest for complete quarters, using the rate quoted by your bank.
Estimate deposit maturity
Your assumptions
Quarterly breakdown
| Month | Deposit value | Cumulative interest |
|---|
A clearly defined deposit model
This calculator retains interest in the deposit and compounds quarterly. Maturity = P × (1 + annual rate / 400)months / 3, where the rate is entered as a percentage. Terms must contain complete quarters: 3 to 120 months.
Worked example
A ₹1,00,000 deposit at an illustrative 7% nominal annual rate for 12 months grows to ₹1,07,185.90 before tax. The ₹7,185.90 interest includes interest on earlier quarterly credits. The example rate is not a current bank offer.
When this estimate does not apply
Monthly payout deposits, broken periods, premature withdrawals, penalties and taxes are not modeled. A bank may use daily calculations or other product terms. The deposit receipt determines the actual maturity amount.
SBI maturity calculator documents quarterly compounding and directs customers to their deposit receipt for actual maturity. Reviewed September 15, 2026.
Related planning tools
For a different compounding frequency, use the compound interest calculator. For recurring market-investment scenarios, use the SIP calculator; its assumed returns are not fixed-deposit returns.