Free Tool — Europe
Fixed Deposit Maturity Calculator
Calculate exactly how much your fixed deposit will be worth at maturity — including compound interest, tax deductions and multi-tenure comparison.
Enter Deposit Details
€
€100€200,000
%
0.1%10%
yrs
1 yr10 yrs
Deduct Withholding Tax (26%)
Maturity Amount
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Principal
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Interest Earned
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Tax Deducted
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Effective Rate
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Maturity by Tenure
| Tenure | Maturity | Interest | Effective Rate |
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| Year | Balance | Interest | Total Earned |
|---|
Frequently Asked Questions
What is a fixed deposit in Europe?
A fixed deposit (also called a term deposit) is a savings product where you lock money for a fixed period at a guaranteed interest rate. In Europe, banks offer terms from 1 month to 5 years with rates typically between 2.5% and 6% in 2026. You cannot withdraw early without penalty.
Are fixed deposits safe in Europe?
Yes. Fixed deposits in EU banks are protected up to €100,000 per person per bank under the EU Deposit Guarantee Scheme (DGSD, Directive 2014/49/EU). In the UK, FSCS protects up to £85,000. If you have more, split across multiple banks to stay protected.
What is withholding tax on fixed deposit interest in Europe?
Most EU countries deduct withholding tax on savings interest at source. Germany charges 25% (Abgeltungsteuer), France 30% (Prélèvement Forfaitaire Unique), Italy 26%, Spain 19–28%. The UK has a personal savings allowance (£500–1,000) before tax applies. Use the tax toggle in the calculator to see after-tax returns.
What is FD laddering and why should I do it?
FD laddering means splitting your money across multiple fixed deposits with different maturity dates (e.g. 1 year, 2 years, 3 years). This gives you liquidity every year as each FD matures, while still earning higher rates on longer terms. It also protects against interest rate changes.
Where can I find the best fixed deposit rates in Europe?
The best platform to compare EU fixed deposit rates is Raisin.com (formerly Savings Global) which aggregates rates from 30+ banks across Europe. Eastern European banks (Poland, Romania, Hungary) typically offer the highest rates. Always verify the deposit guarantee before choosing a foreign bank.