FD Calculator India 2026: Maturity, Interest & TDS
Calculate fixed deposit maturity amount, interest earned, compounding impact, senior citizen scenarios, tax-saver FD planning, and TDS context for India bank FD...
Enter FD Details
Enter your deposit amount, interest rate, tenure, and compounding frequency
Minimum ₹1,000 for most banks
Check current rates with your bank
Enter tenure in months (e.g., 12 for 1 year, 60 for 5 years)
Maturity Details
Investment Summary
📋 Tax Information
Tax Note: Interest earned (₹38,041.98) is taxable.Consider tax implications in your net returns.
FD Calculator with Monthly Payout Options
Enter your deposit amount, interest rate offered by your bank, FD tenure, and compounding frequency. The calculator shows your maturity amount and total interest earned.
FD Interest Calculation Formula
For Quarterly Compounding (Most Common):
A = P × (1 + r/4)^(4t)
Where: A = maturity amount, P = principal, r = annual rate, t = years
Latest FD Interest Rates (October 2025)
🏦 Public Sector Banks
🏢 Private Sector Banks
🌟 Small Finance Banks (Highest Rates)
📌 Key Takeaways (October 2025)
- Top Public Banks: SBI, PNB, Canara offer ~6.5–6.8% (general) and ~7.0–7.3% (senior citizens)
- Top Private Banks: HDFC, ICICI, Axis ~6.6–6.7% (general), ~7.1–7.2% (senior)
- Highest Returns: Small Finance Banks offer up to 8.05% for senior citizens (Suryoday)
- Safety vs Returns: Large banks = safety + decent returns, SFBs = maximum yield
- Trend: Rates at peak in 2025, RBI expected to hold steady before gradual easing in 2026
*Rates updated October 2025. Senior citizens typically get additional 0.25-0.75% across all banks. Always verify current rates with respective banks before investing. Deposits up to ₹5 lakh insured by DICGC per bank.
FD vs Other Investments
- Safety: FDs are guaranteed up to ₹5 lakh by DICGC (deposit insurance)
- Returns: Lower than equity but higher than savings accounts
- Liquidity: Can break early with penalty (unlike PPF)
- Taxation: Interest fully taxable (unlike PPF which is tax-free)
Types of Fixed Deposits
- Regular FD: Standard fixed deposit with lump sum maturity
- Tax-Saver FD: 5-year lock-in, eligible for 80C deduction (up to ₹1.5 lakh)
- Senior Citizen FD: Higher rates (0.25-0.75% extra)
- Cumulative FD: Interest compounded and paid at maturity
- Non-Cumulative FD: Interest paid monthly/quarterly/annually - use our FD calculator with monthly payout option to calculate regular income streams
Smart FD Strategies
- Laddering: Split corpus into multiple FDs with different maturities
- Rate Shopping: Small finance banks often offer 1-2% higher rates
- Tenure Selection: Choose tenures with highest rates (often 2-3 years)
- Auto-Renewal: Enable for hassle-free reinvestment
🏦 FD Interest Rates Comparison (Nov 2025)
Best FD Rates - Regular Citizens
| Bank | 1 Year | 2 Years | 3 Years | 5 Years | Special Features |
|---|---|---|---|---|---|
| HDFC Bank | 7.00% | 7.15% | 7.25% | 7.40% | Online booking bonus |
| ICICI Bank | 7.00% | 7.05% | 7.10% | 7.20% | Quarterly interest option |
| Axis Bank | 7.10% | 7.20% | 7.25% | 7.35% | Senior citizen +0.75% |
| SBI | 6.80% | 6.90% | 7.00% | 7.00% | Tax-saving FD available |
| Kotak Bank | 7.00% | 7.15% | 7.20% | 7.30% | Sweep-in facility |
| IDFC First | 7.25% | 7.40% | 7.50% | 7.75% | Highest rates |
| RBL Bank | 7.50% | 7.60% | 7.80% | 8.00% | Small bank, higher risk |
Best FD Rates - Senior Citizens (+0.50% extra)
| Bank | 1 Year | 3 Years | 5 Years | Best For |
|---|---|---|---|---|
| RBL Bank | 8.00% | 8.30% | 8.50% | Highest returns |
| IDFC First | 7.75% | 8.00% | 8.25% | Safe + high rate |
| Axis Bank | 7.85% | 8.00% | 8.10% | Trusted brand |
| HDFC Bank | 7.50% | 7.75% | 7.90% | Most reliable |
💰 FD Maturity Comparison
For ₹1 Lakh Investment:
| Tenure | 6.5% (SBI) | 7.5% (IDFC) | 8.5% (Senior) | Difference |
|---|---|---|---|---|
| 1 Year | ₹1,06,500 | ₹1,07,500 | ₹1,08,500 | ₹2,000 |
| 3 Years | ₹1,20,795 | ₹1,24,230 | ₹1,27,759 | ₹6,964 |
| 5 Years | ₹1,37,009 | ₹1,43,563 | ₹1,50,366 | ₹13,357 |
1% rate difference = ₹2,500+ extra on ₹1L over 5 years!
Important Disclaimer
This FD calculator is provided for informational and educational purposes only. The calculations are based on the inputs provided and standard compounding formulas. Actual FD interest rates, maturity amounts, and terms may vary by bank, tenure, customer type (general vs senior citizen), and market conditions. Interest rates change periodically based on RBI monetary policy and bank policies. We strongly recommend verifying current FD rates, terms, and conditions with your bank or financial institution before making any investment decisions. This calculator does not account for TDS deductions, tax implications, premature withdrawal penalties, or other charges that may apply. Investment decisions should be made after consulting with a qualified financial advisor. Past performance or calculated returns do not guarantee future results.
Frequently Asked Questions
Use this FD calculator for India to estimate fixed deposit maturity amount, interest earned, compounding impact, senior citizen scenarios, and tax-saver FD planning. Enter deposit amount, annual rate, tenure, and compounding frequency to compare bank FD, NBFC FD, or post office deposit assumptions before investing.
Affiliates: Contextual offers only; no pop-ups. Disclosures apply where shown.
About FD Calculator India 2026: Maturity, Interest & TDS
Use this FD calculator for India to estimate fixed deposit maturity amount, interest earned, compounding impact, senior citizen scenarios, and tax-saver FD planning.
Enter deposit amount, annual rate, tenure, and compounding frequency to compare bank FD, NBFC FD, or post office deposit assumptions before investing.
✅ Common Use Cases
- Compare FD maturity for different rates, tenures, and compounding options
- Estimate interest before choosing cumulative or payout FD
- Plan 5-year tax-saver FD scenarios under Section 80C
- Check senior citizen rate impact and post-tax interest context
💡 Key Benefits
- Maturity value and interest earned estimates
- Monthly, quarterly, half-yearly, and annual compounding context
- TDS and tax planning prompts for Indian FD interest
- Educational estimate only; verify rates and rules with the bank
🔬 How FD Calculator India 2026: Maturity, Interest & TDS Works
📐 Formula
FD Maturity (Quarterly Compounding): Standard bank FD uses quarterly compounding. TDS: 10% if interest > ₹40,000/year (₹50K for seniors). Senior citizens: +0.25-0.50% extra rate.
Variables:
- P: Principal amount
- r: Annual interest rate
- n: 4 for quarterly compounding
📋 Step-by-Step Calculation Process
Worked Example
Principal: ₹1,00,000. Rate: 7.1% p.a. (SBI 1-year FD 2026). Period: 1 year
Calculation
A = ₹1,00,000 × (1 + 0.071/4)^(4×1) = ₹1,00,000 × (1.01775)^4 = ₹1,07,264
Interest Earned
₹7,264. Bank FD Rates 2026: SBI 6.80% (1yr), HDFC 7.10%, ICICI 7.10%, Axis 7.20%
⌨️ Understanding Input Fields
FD amount
Annual interest %
Years
📊 Understanding Your Results
Key Rules: TDS: 10% if interest > ₹40,000/year (₹50K seniors). Senior citizens: +0.25-0.50% extra rate. Tax-saving FD: 5-year lock-in, 80C benefit. Bank rates vary by tenure.
Key Metrics Explained:
- Maturity Amount: Principal + interest.
- Interest Earned: Taxable as income.
What to Do Next:
- Compare bank rates (SBI, HDFC, ICICI)
- Consider tax-saving FD for 80C
- Check senior citizen rates
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