FD Calculator
Calculate fixed deposit maturity amount with compound interest.
A Fixed Deposit (FD) is the most trusted savings instrument in India, offering guaranteed returns with zero market risk. The FD calculator helps you instantly compute how much your deposit will grow to at maturity based on the principal, interest rate, tenure, and compounding frequency — so you can compare different banks and choose the best option for your savings goals.
📋 How to Use This Calculator
Enter your deposit amount, the interest rate offered by your bank (compare rates across banks before locking in), the tenure in years, and the compounding frequency (quarterly compounding is standard in India). The calculator shows your maturity amount and total interest earned. For senior citizens: add 0.25–0.50% to the rate since most Indian banks offer a premium. Use the calculator to compare, for example, a 1-year vs 2-year FD at different rates to see which delivers better returns.
💡 Key Facts & Information
As of 2025, major Indian bank FD rates range from 6.5% to 7.75% p.a. for 1–3 year tenures. Small finance banks like AU SFB, Equitas, and Jana Bank offer 8–9% but carry slightly higher risk. Post Office Time Deposits (5-year) offer 7.5% p.a. with sovereign guarantee. FD interest is fully taxable as per your income tax slab — if you are in the 30% bracket, your post-tax return on a 7.5% FD is only 5.25%. TDS at 10% is deducted if interest exceeds ₹40,000 per year (₹50,000 for senior citizens). Submit Form 15G/15H if your total income is below the taxable limit to avoid TDS deduction.