FD Calculator
Invested Amount
₹ 1,00,000
Total Interest
₹ 41,478
Maturity Value
₹ 1,41,478
| Bank / Institution | 1-Year FD Rate (% p.a.) | 3–5 Year FD Rate (% p.a.) | Senior Citizen Rate | Official Source |
|---|---|---|---|---|
| State Bank of India (SBI) | 6.25% | ~6.30% | Up to 6.95% | View SBI Rates |
| HDFC Bank | 6.25% – 6.50% | 6.25% – 6.70% | Additional rate applicable | View HDFC Rates |
| ICICI Bank | 6.25% – 6.50% | 6.45% – 6.50% | Up to 7.10% | View ICICI Rates |
| Axis Bank | 6.20% – 6.70% | 6.25% – 6.70% | Higher than regular FD | View Axis Rates |
| Kotak Mahindra Bank | ~6.70% | ~6.70% | Up to 7.20% | View Kotak Rates |
| Bank of Baroda | 6.20% | 6.20% – 6.95% | Extra rate available | View BoB Rates |
| Canara Bank | ~6.25% | 6.25% – 7.10% | Additional benefit | View Canara Rates |
| IDFC FIRST Bank | 6.25% – 6.75% | 6.60% – 6.75% | Special slabs available | View IDFC Rates |
| Post Office (India Post) | As per tenure | As per scheme | Applicable on select schemes | View Post Office Rates |
Note: FD interest rates are indicative and may change. Please check the official bank website before investing.
An FD calculator helps you estimate the interest and maturity amount on a Fixed Deposit (FD) before you invest. Whether you are planning an FD with SBI, HDFC, ICICI, Axis Bank, Post Office, or any other bank, this calculator gives you a clear idea of how much your money can grow over time.
If you’ve ever searched for FD interest rates, best FD rates, or wondered how banks calculate FD returns, this FD calculator makes things transparent and straightforward.
Other Investment Calculators
What Is FD?
The complete form of FD is Fixed Deposit.
It is a traditional investment option in which you deposit a lump sum with a bank or financial institution for a fixed term at a predetermined interest rate.
FDs are popular because they offer:
- Predictable returns
- Low risk
- Flexible tenure options
- Higher interest rates for senior citizens
Banks such as SBI, HDFC, ICICI, Axis Bank, and the Post Office FD scheme offer fixed deposits with different interest rates.
How FD Interest Is Calculated
FD interest can be calculated using:
- Simple interest (for short-term or monthly interest FDs)
- Compound interest (for cumulative FDs)
The final return depends on:
- FD amount
- FD interest rate
- Tenure
- Compounding frequency
Our FD interest calculator automatically applies the correct formula, so you don’t need to calculate anything manually.
Senior Citizen FD Interest Rates
Most banks offer higher FD interest rates for senior citizens. These additional rates can significantly increase returns over long tenures.
Using an FD calculator helps senior citizens compare:
- Regular FD rates
- Senior citizen FD rates
- Best FD interest rates available
Tax on FD Interest
Interest earned on fixed deposits is taxable under income tax laws. Banks may deduct TDS on FD interest if the interest crosses the specified limit.
An FD calculator shows gross returns, helping you plan better while accounting for tax implications.
Why Use an FD Return Calculator
An FD return calculator helps you:
- Compare the FD interest rates of different banks
- Estimate the maturity value in advance
- Plan investments with clarity
- Avoid manual calculation errors
Whether you’re checking monthly FD interest or long-term FD growth, this tool saves time and effort.
FAQs – FD Calculator
An FD calculator is a tool that helps calculate interest earned and maturity value on a fixed deposit.
FD interest is calculated using simple or compound interest, depending on the FD type. This calculator does it automatically.
No, FD interest rates vary across banks like SBI, HDFC, ICICI, Axis Bank, and Post Office schemes.
Yes, most banks offer higher FD interest rates for senior citizens.
Yes, interest earned on fixed deposits is taxable, and TDS may be deducted as per rules.
Yes, you can use this FD calculator for SBI, HDFC, ICICI, Axis Bank, Post Office, and other banks by entering the applicable interest rate.
