FD Calculator
Fixed Deposit with Nepali quarterly payouts — Ashad, Ashwin, Poush & Chaitra
* Each quarterly FD payout deposits into your savings account and compounds at this rate quarterly.
* FD interest calculated quarterly as per Nepali bank standard. Interest is paid at end of each Nepali fiscal quarter.
How FD works in Nepal?
In Nepal, Fixed Deposit (FD/Term Deposit) interest is calculated on simple interest basis and paid out every fiscal quarter — at the end of Ashad (Asar), Ashwin, Poush, and Chaitra. The principal is returned in full at maturity. The interest rate remains fixed for the entire tenure as agreed at the time of deposit.
What is Interest Reinvestment?
When Interest Reinvestment is enabled, each quarterly FD payout is deposited into your savings account rather than spent. The savings account then compounds that amount at your savings rate — earning interest on interest. This strategy significantly boosts your total return over time and is commonly used by Nepali investors to maximise FD returns.
How the “Dual Engine” Calculation Works
In Nepal, Fixed Deposits typically pay interest Quarterly (every 3 months). This calculator computes that exact payout amount based on your Principal and FD Rate.
Unlike standard calculators, we don’t just let that payout sit idle. We assume it is credited to your Savings Account. It immediately starts earning additional interest at your Savings Rate (Compounding).
Demo
By using this simple Savings Interest Calculator, you can easily calculate the returns on your regular deposit. If you are searching for the best and easy tool to calculate your return on your savings account, then this calculator helps you. Yes, we have designed this Investment Interest Calculator to calculate your interest and principal amount at your fingertips.