Fixed Deposit Calculator - Bangladesh | Tax Hisab

Bangladesh Fixed Deposit Calculator

12 Months 1-60 Months
6.5% 1%-15%

Maturity Value: ৳0

Interest Earned: ৳0

Fixed Deposit Calculator for Bangladesh - Calculate Maturity Value & Interest

Understanding Fixed Deposits in Bangladesh

Our FD calculator helps Bangladeshi investors plan their fixed deposit investments with accuracy. Whether you're considering an FD from Sonali Bank, Islami Bank Bangladesh, or BRAC Bank, this tool provides maturity value projections based on current Bangladesh bank rates and compounding formulas.

How FDs Work in Bangladesh

Fixed Deposits in Bangladesh offer guaranteed returns through:

  • Principal amount security
  • Fixed interest rates (typically 5-9% in 2024)
  • Flexible tenures (1 month to 5 years)
  • Quarterly/Monthly interest payout options

FD Calculation Formula

The maturity value is calculated using compound interest formula:

A = P (1 + r/n)nt
Where: A = Maturity amount P = Principal amount r = Annual interest rate (decimal) n = Compounding periods/year t = Time in years

5 Tips for Better FD Returns

Compare Bank Rates

Check rates from multiple banks like NCC Bank, Dhaka Bank, and Prime Bank

Consider Tenure

Longer tenures (3-5 years) often offer higher rates

Senior Citizen Benefits

Most banks offer 0.5-1% higher rates for senior citizens

Tax Planning

FD interest is taxable under Bangladesh income tax laws