How it works
The deposit grows at a constant nominal annual rate. Choose the compounding frequency offered by your product. Quarterly compounding divides the annual rate by four and applies it four times per year.
Worked example
Show example inputs and result
Deposit amount: 1,00,000 · Annual interest rate: 7 · Tenure: 24 · Compounding: Quarterly.
- Estimated maturity value
- ₹1,14,888.18
- Gross interest
- ₹14,888.18
- Deposit amount
- ₹1,00,000.00
Questions and answers
Will the maturity exactly match my bank?
Not necessarily. Banks can use specific day-count rules, broken-period interest and rounding. This calculator uses month-based fractional compounding and excludes TDS and premature-withdrawal penalties.
Why are some results rounded?
Results display up to 8 decimal places. Calculations use the unrounded values; very small values use scientific notation. JavaScript floating-point arithmetic can introduce tiny rounding differences.
Are my inputs sent to a server?
The calculator processes inputs in your browser. Its code does not send your values to a server.
Method sources: investor.sebi.gov.in
Method reviewed: October 8, 2026 · Methods & accuracy