Fixed Deposit / GIC

The Fixed Deposit (FD) and GIC Calculator computes the maturity value and interest earned on a fixed-term deposit for various tenures and compounding frequencies. It also calculates the effective annual rate to enable fair comparison between deposits with different compounding periods. Enter the deposit amount, interest rate, tenure, and compounding frequency to see the maturity value. You can compare multiple tenure options side by side to find the optimal balance between locking in a rate and maintaining liquidity. Fixed deposits are the backbone of conservative investment portfolios, especially in countries like India and Canada. This calculator helps you maximize returns within the FD category and compare the effective yield against other low-risk alternatives.