Fixed Deposit Calculator Pakistan
Calculate the maturity amount and profit earned on fixed deposits (Term Deposit Receipts) in Pakistani banks. Enter deposit amount, profit rate, and tenure to see your returns.
Introduction
Fixed deposits (also called Term Deposit Receipts or TDRs) are one of the safest investment options in Pakistan. You deposit a lump sum for a fixed period, and the bank pays you a predetermined profit rate. Unlike savings accounts, fixed deposits offer higher rates but lock your money for the agreed tenure. Understanding how much you will earn helps you compare bank offers and plan your finances.
What is this calculator?
The Fixed Deposit Calculator Pakistan computes the maturity amount and total profit earned on a fixed deposit. You enter the deposit amount, the annual profit rate, and the tenure (in months or years). The calculator applies compounding (if applicable) and shows the final value.
Formula
Simple Profit = Principal × Rate × Time (years)
Compound Profit = Principal × [(1 + Rate/n)^(n×t) − 1]
Where n = compounding frequency (usually 4 for quarterly), t = time in years.
How to use the calculator
- Enter the deposit amount (PKR).
- Enter the annual profit rate (%).
- Enter the tenure (in months).
- Select compounding frequency (monthly, quarterly, or at maturity).
- Click Calculate Maturity.
Practical Pakistan-specific example
Example： Rs. 500,000 deposited at 10% annual profit for 12 months, compounded quarterly
- Quarterly rate = 10% ÷ 4 = 2.5%
- Number of quarters = 4
- Maturity = 500,000 × (1.025)^4 = 500,000 × 1.1038 = Rs. 551,900
- Profit earned = Rs. 51,900
Factors affecting the result
- Profit rate： Higher rates mean more profit.
- Tenure： Longer tenures usually offer higher rates.
- Compounding： More frequent compounding increases returns.
- Bank policy： Rates vary by bank and deposit size.
Common mistakes
- Assuming the quoted rate is compounded — many fixed deposits pay simple profit at maturity.
- Forgetting tax on profit (withholding tax applies).
- Not comparing rates across banks before depositing.
Who can use the calculator
- Savers： Planning where to park their savings.
- Retirees： Looking for stable income from deposits.
- Investors： Comparing fixed deposit returns with other options.
Disclaimer
This calculator provides an estimate based on the rate you enter. Actual returns depend on the bank's terms, compounding method, and applicable taxes. Verify with your bank before investing.