Deposit Interest Calculator
Calculate interest and maturity amount for fixed deposits.
Interest type
Total interest
400,000
Maturity amount
10,400,000
Deposit interest calculator
Calculates interest and maturity amount for a fixed deposit.
Enter principal, term in months, and annual rate; choose simple or compound to get interest and amount at maturity.
- Assumes a lump sum deposited until maturity, like a fixed-term deposit.E.g. 10,000,000, 12 months, 3.5% compound → maturity amount is calculated.
- Fixed deposit
- A fixed deposit is a sum placed for a set period; at maturity you receive principal plus interest. Rates often depend on term.
- Annual interest rate
- The annual rate is the interest rate over one year. A monthly rate is often approximated as annual rate ÷ 12.