Calculate maturity value, total interest and total amount for your FD with compounding options.
| Feature | FD | SIP | RD |
|---|---|---|---|
| Risk | Low | Moderate to High | Low |
| Returns | Fixed | Market-linked | Fixed |
| Liquidity | Low | High | Low |
| Best For | Safe savings | Wealth creation | Regular savers |
Maturity is calculated using the compound interest formula: A = P (1 + r/n)^(n*t).
It determines how often interest is added. Higher frequency means higher returns.
Yes, FD interest is taxable as per your income tax slab.
Usually starts from ₹1000 depending on the bank.
FD gives fixed returns, SIP has higher potential but with risk.
Yes, but banks levy penalty and reduce interest rate.