Estimate only. Actual FD returns can differ due to bank calculation methods, payout discounting, day-count conventions, rounding, premature withdrawal rules, and applicable taxes.
This Fixed Deposit Monthly Return Calculator estimates the regular income and maturity value of a fixed deposit. Enter the deposit amount, annual interest rate, tenure, payout option, and compounding frequency to calculate monthly or quarterly interest payments and cumulative FD growth.
How to calculate monthly return on a fixed deposit
- Enter the amount invested in the fixed deposit.
- Add the annual FD interest rate offered by your bank.
- Enter the deposit tenure in months.
- Select monthly payout, quarterly payout, or cumulative FD.
- Press Calculate Return to view the estimated results.
Monthly payout and cumulative FD
A monthly payout FD distributes estimated interest regularly instead of adding it back to the deposit. A cumulative FD reinvests the interest at the selected compounding frequency, so the maturity value grows through compounding. Banks may quote or discount periodic payout rates differently, so the calculator result should be treated as an estimate.
Fixed Deposit Calculator FAQs
How is monthly FD interest estimated?
For the monthly payout option, this calculator uses the deposit amount multiplied by the annual interest rate and divided by 12. Actual bank payouts may differ because of specific product terms and calculation conventions.
Does this calculator include tax or TDS?
No. Results are shown before tax. Tax treatment and withholding depend on the account holder, jurisdiction, applicable thresholds, and current rules.
What is a cumulative fixed deposit?
In a cumulative FD, interest is added to the deposit rather than paid regularly. Future interest is then calculated on the increased balance according to the compounding frequency.