FD Calculator

Calculate your Fixed Deposit maturity amount based on principal, interest rate, tenure, and compounding frequency.

FD Details
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FD MATURITY SUMMARY
Principal Invested-
Interest Earned-
Maturity Amount-
Principal Interest
FD Key Facts
Current Top FD Rates (2025)
  • Small Finance Banks: 8.25–9.25% p.a.
  • Private Banks (HDFC, ICICI): 6.5–7.25% p.a.
  • Public Sector Banks (SBI, PNB): 6.5–7.5% p.a.
  • Senior Citizen FDs: 0.25–0.5% extra
Tax on FD Interest

FD interest is taxable as per your income slab. TDS is deducted at 10% if total interest exceeds ₹40,000/year (₹50,000 for senior citizens). Submit Form 15G/15H if your income is below taxable limit to avoid TDS.

DICGC Insurance

All bank FDs are insured up to ₹5 lakh per depositor per bank by DICGC. Spread large amounts across multiple banks to maximise insurance cover.

This calculator assumes compounding at the selected frequency and does not account for TDS deduction or applicable taxes. Actual post-tax returns will be lower depending on your income tax slab. Always confirm interest rates directly with your bank before investing.