What is FDR (Fixed Deposit Receipt)?

FDR (Fixed Deposit Receipt) is a savings instrument where you deposit a lump sum for a fixed tenure at a fixed interest rate. At maturity you receive your principal plus the accumulated interest.

How is FDR maturity amount calculated?

The maturity amount is calculated using compound interest: A = P x (1 + r/n)^(n x t), where P is the principal, r is the annual rate, n is the compounding frequency and t is the tenure in years.

FDR (Fixed Deposit) Calculator

See your maturity amount, principal and interest earned.

FDR Details

Deposit Amount ($)

Interest Rate (% per annum)

Tenure (years)

yrs

Compound

Maturity Amount

—

Principal Deposit

—

Total Interest

—

Return (Interest %)

—

Balance Growth by Year

FDR Growth Schedule

See how your deposit grows with compounding interest.

Month	Deposit	Interest	Balance

How does compounding frequency affect my FDR?

The more frequently interest is compounded, the more you earn. For the same rate and tenure, monthly compounding gives a higher maturity amount than annual compounding because interest starts earning interest sooner.

FDR Calculator FAQ

Can I break my FDR before maturity?▶

Yes, most banks allow premature withdrawal but at a reduced interest rate and possibly a penalty. Avoid breaking early unless necessary, as you lose most of the compounding benefit.

Should I choose FDR or DPS?▶

If you have a lump sum, FDR is a good fit. If you want to build savings from your monthly income, DPS is designed for that. Many savers use both for different goals.

What: Fixed Deposit Receipt (Bangladesh)

Tenure: 1 month – 5 years

Payout: Monthly / quarterly / at maturity

Laddering: Split deposits for periodic income

FDR Calculator (Bangladesh) — the reliable fixed deposit

A Fixed Deposit Receipt (FDR) is Bangladeshi banks' term deposit — you invest a lump sum for a fixed period at a guaranteed rate. This FDR calculator computes your maturity amount, total interest and effective yield for monthly, quarterly, half-yearly or yearly interest payout and compounding options.

FDR interest rates and options in Bangladesh

FDR rates currently range from 5% to 9.5% p.a. depending on the bank, deposit size and tenure. Special 'school savings' and 'senior citizen' FDRs may pay 1% more.

You can choose monthly interest payout (common for retirees) or reinvest/compound to maturity for maximum growth.

A 12-month FDR is renewable, and most banks provide an auto-renewal facility — check whether interest is added to principal or paid out at renewal.

FDR laddering strategy

Instead of one large FDR, split your money into 3–4 FDRs with staggered maturities (e.g. 6, 12, 18, 24 months).

This creates a rolling income stream and lets you reinvest each tranche at the prevailing rate, protecting against rate drops in any single year.

Always compare the 'effective annual yield' — deposits compounded quarterly earn more than those with simple interest.

How to use this calculator

Enter the FDR deposit amount in BDT.
Input the annual interest rate from your bank.
Choose the tenure in years.
Select how often interest is paid or compounded (monthly/quarterly/yearly).
Review the maturity amount and effective annual yield.

Pro tips

Senior citizens often receive up to 1% higher FDR rates — ask for it.
Do not break an FDR early without checking penalties; they can erase the interest.
For retirees, a monthly payout FDR ladder provides steady income with capital safety.

Advantages & considerations

✅ Advantages

Guaranteed, risk-free returns
Flexible tenure from 1 month to 5 years
Monthly interest options for steady income

⚠️ Considerations

Lock-in: early withdrawal penalties apply
Returns may not beat inflation in high-inflation years
Interest over the exemption threshold is taxable

Frequently asked questions

What is the minimum FDR amount in Bangladesh?▶

Most banks accept FDRs from 10,000–50,000 BDT, though schemes for smaller amounts (e.g. 5,000 BDT) exist at several institutions.

Is FDR income taxable?▶

Interest income is added to your taxable income. In Bangladesh, interest below the annual tax-free threshold (300,000 BDT in 2024–25) with a NID declaration is not taxed.

Can I take a loan against my FDR?▶

Yes. Banks typically allow loans of 80–90% of the FDR value at rates just 1–2% above the FDR rate, making it one of the cheapest borrowing options available.

FDR Calculator