Does interest compound monthly?

Select the compounding frequency. Many banks compound quarterly or monthly depending on the product.

What is payout vs reinvest?

Payout means interest is paid out (not compounded). Reinvest means interest is added to principal and compounds.

Set principal, interest rate, tenure and compounding/payout options.

Principal (₹)

Use slider for quick tuning or edit the number directly.

₹

Interest Rate (% p.a.)

Common FD rates in India ~ 5–8% (varies by bank and tenure)

Tenure

Years (0–30) — use months field for fractions

Months — 0–11

Compounding Frequency

Interest Option

Reinvest (Compounding) Payout (Interest paid out)

If payout is selected, interest is assumed withdrawn each compounding period (no further compounding).

How compounding affects FD

More frequent compounding increases effective yield for the same nominal rate.

Payout vs Reinvest

Choose payout if you need periodic interest cashflow; choose reinvest to maximize maturity corpus.

FAQ

Maturity Amount

₹0

Projected maturity given inputs. Taxes, penalties and bank-specific rounding not modelled.

Principal

₹0

Total Interest

₹0