How To Use This FD Calculator

Step 1: Enter Your Investment Details

• Principal Amount: Input the initial deposit amount in ₹ (e.g., 100000 for ₹1,00,000). This is the base sum you’re investing.
• Tenure: Select the deposit period from the dropdown—options range from 7-45 days to 5 years (or more, up to 10 years). Use the slider or type directly for precision.
• Interest Rate: Either manually enter the annual rate (e.g., 6.60%) or select a bank from the dropdown to auto-populate the latest indicative rate (pulled from major Indian banks like SBI, HDFC, ICICI).
• Compounding Frequency: Choose how often interest compounds—quarterly (most common in India for higher yields), monthly, half-yearly, or annually. Quarterly typically maximizes returns.
• Investor Type: Toggle for Senior Citizen if applicable to apply the 0.25%-0.50% rate uplift (e.g., from 6.60% to 7.10%).

Step 2: Calculate Your Returns

• Click the Calculate button (often labeled as “Compute” or a green Calculate icon).
• The tool instantly generates Term Deposit Results below the form:
  • Maturity Amount: Total payout at the end (principal + interest).
  • Interest Earned: The profit from compounding.
  • Principal Amount: Your original investment (for reference).
  • Effective Annual Rate: The adjusted yield after compounding.
• Example: For ₹1,00,000 at 6.60% quarterly compounded over 1 year, expect ~₹1,06,600 maturity and ₹6,600 interest.

Step 3: Explore Bank Comparison

• Switch to the Bank Comparison tab or section.
• View the pre-populated table showing rates across banks for tenures like 7-45 Days (e.g., 3.05%), 1 Year (6.60%), up to 5 Years.
• Filter by bank (e.g., HDFC, SBI) or tenure to spot the best option—rates are indicative and update periodically.
• Use this to tweak your calculator inputs for side-by-side simulations.

Step 4: Analyze Taxes and Goals

• Head to Tax Analysis: Input your tax slab (e.g., 30%) to estimate TDS deductions (applies if interest > ₹40,000 general or ₹50,000 for seniors). See post-tax maturity.
• For Goal Planning: Set a target amount (e.g., ₹5,00,000) and reverse-calculate the required principal/tenure/rate. This helps align FDs with goals like retirement or education.
• Review the Understanding Your FD Returns explainer for tips on compounding benefits.

Step 5: Review and Apply Insights

• Cross-check with the How to Choose the Right Bank section for advice on stability, penalties, and services (e.g., public banks for safety, private for digital ease).
• Note the disclaimer: Results are approximate; verify with your bank as rates/TDS rules may change (e.g., under Section 80C for tax savings).
• Save or share results via the tool’s export option (if available), then proceed to book your FD directly through the bank’s site.

This process takes under 2 minutes per scenario. For best results, run multiple simulations to ladder FDs across banks and tenures. If rates seem outdated, refresh the page or check bank sites—tool data is indicative as of your visit. Happy investing!

More Useful Calculators For You

1. Calculate Your Crypto Tax Liability – Bitcoin Tax Calculator

2. Calculate Your In-Hand Salary – CTC Calculator

Fixed Deposit Calculator

Experience the convenience of our advanced FD calculator, built for Indian investors to plan returns instantly. Whether you’re saving for the first time or optimizing multiple FDs, simply enter your amount, tenure, and interest rate to see instant results. As of November 2025, average FD rates hover around 6.60%. For example, a ₹5 lakh fixed deposit may earn over ₹1.65 lakh in five years. This smart fixed deposit calculator also considers compounding and tax benefits under Section 80C—making your savings journey effortless and accurate.

FD Interest Rates

Stay updated with the latest FD interest rates in India, where banks offer strong returns amid market stability. In November 2025, public banks like SBI offer 6.60% p.a. for 1–5 years and 7.10% for seniors. Private banks such as ICICI and HDFC match these attractive rates. Enter these values in our FD calculator to project earnings—like earning nearly ₹50,000 extra per year on a ₹10 lakh deposit. Since rates change with RBI policy updates, regular checks help you lock in the best returns on your term deposits.

FD Maturity Amount

Discover the real value of your investment using our fixed deposit calculator. It shows the final maturity amount including compound interest, helping you plan better. For instance, a ₹2 lakh FD at 7% p.a. for three years matures to about ₹2.44 lakh with quarterly compounding. With rates steady between 6.5%–7.5% , FD calculator estimates your post-tax returns, empowering goals like education or retirement without manual maths or guesswork.

Term Deposit Rates

Term deposit rates in India mirror FD rates and offer secure, predictable returns across tenures ranging from 7 days to 10 years. In November 2025, banks offer from 3.05% for short terms up to 6.60% for longer deposits, with seniors getting an extra 0.50%. HDFC starts at 2.75% and goes to 6.60% for five years. Use our fixed deposit calculator to compare—₹1 lakh at 6.60% for two years grows to ₹1.14 lakh. Safe, steady returns make term deposits a core choice for low-risk investors.

HDFC Fixed Deposit Calculator

Plan your HDFC investments with our dedicated HDFC fixed deposit calculator, featuring real-time interest rates and accurate projections. As of November 2025, HDFC offers 6.60% p.a. for 1–10 years and 7.10% for seniors—ideal for laddering your savings. For example, ₹3 lakh at 6.60% for 18 months grows to about ₹3.30 lakh. This FD calculator variant helps you maximize returns using HDFC’s special plans, non-withdrawal options, and tax-efficient strategies for stable growth.

SBI FD Calculator

Use our SBI FD calculator to estimate your earnings from India’s largest bank. In November 2025, SBI offers 6.60% p.a. for 2–3 years and 7.10% for seniors, along with a special 444-day Amrit Vrishti scheme at 6.85%. For instance, ₹4 lakh at 6.50% for one year matures to around ₹4.26 lakh. Our integrated fixed deposit calculator also covers SBI’s super senior plans offering up to 7.45%, ensuring safe, inflation-beating returns from a trusted public sector bank.

All Banks FD Calculator

Compare returns across leading institutions using our comprehensive all banks FD calculator. Updated for November 2025, top small finance banks offer up to 7.65% for three-year deposits, while major banks like SBI and HDFC offer around 6.60%. Simulate a ₹5 lakh multi-bank strategy—SBI for security, HDFC for flexibility. This powerful FD calculator reveals the best mix for 10–15% higher returns, factoring in TDS, renewals, and compounding for smarter wealth building.

How to calculate bank interest on FD

Calculating bank interest on a fixed deposit (FD) is simple when you know the formula — or easier when you use our FD calculator. The standard FD interest calculation uses compound interest, where both your principal and accumulated interest earn returns over time.
The basic formula is:

A = P × (1 + r/n)ⁿᵗ

Where:

• A = Maturity amount
• P = Principal amount
• r = Annual interest rate (in decimal form)
• n = Number of compounding periods per year
• t = Time in years

For example, a ₹1 lakh deposit at 7% p.a. compounded quarterly for 5 years will grow to around ₹1.40 lakh. Instead of manual math, our fixed deposit calculator instantly computes interest, maturity value, and post-tax earnings for any tenure or bank rate, helping you plan smarter and save time.

FAQs