How to use an FD Calculator to plan your investment in Fixed Deposit.


A fixed deposit is a very effective investment option that can give you steady and consistent returns without putting your investment capital under too much risk. That’s not all. Depending on the institution that you open your fixed deposit with, you also get to enjoy several other benefits such as loan against FD, flexible tenors, and more.

Okay so, let’s say that you choose to invest in a fixed deposit. How do you determine the amount of return that you’re likely to get from your FD investment? Here’s where an FD calculator comes in handy. It allows you to calculate the total returns including the interest component that you’re likely to receive from your FD investment within just a few seconds. Let’s take a look at how you can use an FD calculator to plan your investment accordingly.

How to use an FD calculator?

Using a fixed deposit calculator is extremely easy. All that you need to do is follow the steps outlined below.

  1. Visit the website of Finserv MARKETS and navigate to the fixed deposit calculator page.
  2. Enter the amount that you wish to invest in an FD.
  3. Select the tenor of the fixed deposit investment.
  4. Select the customer type. Senior citizens and online customers get to enjoy an additional  rate of interest over and above the base rate.
  5. Select the fixed deposit type. If you choose the cumulative option, the interest keeps getting reinvested and is only paid out to you on maturity along with the principal investment. On the other hand, if you choose the non-cumulative option, the interest is paid out to you periodically on the chosen intervals.
  6. Select the interest payout frequency. In the case of non-cumulative FDs, you can choose to receive interest either on a monthly, quarterly, semi-annual, or annual basis.
  7. Depending on your entries, the calculator will set the right FD rate of interest automatically.
  8. Once you’ve entered all of the above details, the calculator will immediately show you the total amount, the interest component, and the principal component that you’re likely to get on maturity.
  9. If the result is not up to your expectations, you could always go back and change the values and plan your investment accordingly.


In addition to an FD calculator, Finserv MARKETS also hosts a lot of information on fixed deposits and other investment options. Head on over to the Finserv MARKETS website to know more about loans, insurance, and EMI cards.

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