# Fixed Deposit (FD) Interest Calculator

> Calculate maturity value and interest earned on bank Fixed Deposits with compounding options.

- **Category / Silo**: finance
- **Free Access**: Yes (No credit card required)

## Tool Description
Calculate maturity value and interest earned on bank Fixed Deposits with compounding options.

## Key Steps & Implementation
1. **Enter Principal Amount**: Input deposit amount.
2. **Set FD Rate**: Input bank annual interest rate.
3. **Choose Compounding**: Select Quarterly, Half-Yearly, or Yearly compounding.

## Key Benefits
- Compounding Frequency Selector
- Total Interest Earned
- Maturity Amount
- Free Usage

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URL: https://cacto.cc/tools/finance/fd-calculator