ট্যাক্সহিসাব

Fixed Deposit Calculator - Bangladesh

Our FD calculator helps Bangladeshi investors plan their fixed deposit investments with accuracy. Calculate maturity value and interest earned based on current bank rates and compounding.

Calculate FD Maturity

12 Months
Min: 1 Mo Max: 10 Yr
6.5%
Min: 1% Max: 15%

Maturity Value:

৳ 0.00

Total Interest Earned:

৳ 0.00

Understanding Fixed Deposits in Bangladesh

Fixed Deposits (FDs) are a popular investment choice in Bangladesh, offering a balance of safety and predictable returns. They are ideal for risk-averse investors looking to grow their savings over a fixed period. Our FD calculator helps you plan these investments with greater accuracy, whether you're considering options from major banks like Sonali Bank, Islami Bank Bangladesh, or BRAC Bank.

How FDs Work in Bangladesh

Fixed Deposits in Bangladesh generally offer:

  • Security for your principal amount.
  • Fixed interest rates (typically ranging from 5% to 9% per annum in recent times, but can vary).
  • Flexible tenures, commonly from 1 month up to 5 years or more.
  • Various interest payout options (e.g., monthly, quarterly, or at maturity).

FD Calculation Formula

The maturity value (A) is calculated using the compound interest formula:

A = P * (1 + r/n)^(n*t)
Where:
A = Maturity amount P = Principal amount r = Annual interest rate (as a decimal, e.g., 6.5% = 0.065) n = Number of times interest is compounded per year t = Time duration in years

For simple interest (compounding at maturity), the formula is: A = P * (1 + r*t)

5 Tips for Better FD Returns

Compare Bank Rates

Check and compare current FD rates from multiple banks like NCC Bank, Dhaka Bank, Prime Bank, etc., before investing.

Consider Tenure Wisely

Longer tenures (e.g., 3-5 years) often offer slightly higher interest rates, but ensure it aligns with your financial goals.

Senior Citizen Benefits

Many banks in Bangladesh offer preferential, slightly higher interest rates for senior citizens on FDs.

Tax Implications

Interest earned from Fixed Deposits is generally taxable income in Bangladesh. Factor this into your overall returns.

Laddering FDs

Consider splitting your investment into multiple FDs with staggered maturity dates. This provides liquidity and allows you to reinvest at potentially higher rates.

Disclaimer: Interest rates and tax rules are subject to change. Please consult with the respective bank or a financial advisor for the most current information before making any investment decisions.