The FD Calculator will calculate the Maturity Amount you would earn through the fixed deposit. The FD Calculator gives you an idea of how much return you can expect based on your investment. Just put the amount you want to save and the duration you wish to invest for.
The returns on FD is taxable and withdrawing money before maturity can lead to penalties. The taxation feature of FDs will not help you beat inflation if you fall in the higher tax bracket
Fixed Deposit has a time period for which the sum invested gets fixed or locked.