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.