FD Growth Report

What is FD Calculator?

To calculate your Fix Deposit returns over its maturity, use our FD Calculator. It will calculate FD return based on your inputs and return complete data in an easy-to-understand format. Thus, with this Fixed Deposit calculator website, you can smartly plan your FD. To learn more about the Fixed Deposit you can visit Wikipedia or keep learning from ahead.

What is FD?

FD which stands for fixed deposit, is one of the traditional investment schemes in India. It has been running since the late 1900s to encourage people to save money.

Generally, public and private sector banks offer fair interest rates on money deposited in their savings accounts. While Fix Deposit (FD) offers higher returns than it. Thus, because of higher returns with low risk, it will become one of the best investment schemes in India.

However, People can withdraw their money whenever they want from their savings account with adjustment on their interest rate. While money that is deposited in an FD scheme will be locked for a predetermined time. Also, the interest rate may be cut in case of an immature withdrawal of FD.

So, if you have money that you don't need until some specific time and want a good return, then a deposit in the FD Scheme will be best for you rather than deposits in a savings account.

Pros Of FD

• Best old-fashioned investment scheme.
• Higher returns with safety.
• Fixed and forecasted returns.

Cons Of FD

• Low liquidity. It means low return in case of exit before FD completion.
• FD returns look lower when inflation and tax deductions enter the game.
• Lower return as compared to SIP.
• Not suited for those who want higher returns.