Work out fixed deposit maturity instantly with clear inputs, formula shown and shareable results.
A cumulative fixed deposit reinvests interest at the stated compounding frequency, so the effective yield exceeds the quoted rate. Quarterly compounding on 7.25% delivers about 7.45% a year.
FD maturity
M = P(1 + i/f)^(f×t); EAR = (1 + i/f)^f - 1
Figures are estimates for planning only. Market returns are not guaranteed, and rates, limits and tax rules change. This is not financial or tax advice — speak to a qualified adviser before acting.
Cumulative compounds and gives a higher maturity; payout gives regular income but no compounding.
In most regimes interest is taxable as it accrues, even in a cumulative deposit, so plan for the tax cash flow.