FD Calculator India 2026
Calculate FD maturity with TDS deduction. Compare SBI, HDFC, ICICI, Post Office rates. Quarterly/monthly compounding.
Disclaimer: Results are estimates for informational purposes only. Market conditions and interest rates vary. Consult a SEBI-registered financial advisor before making investment decisions.
Advertisement
About FD Calculator
Calculate Fixed Deposit maturity with compound interest. Shows TDS deduction when annual interest exceeds ₹40,000. Compare rates across SBI, HDFC, ICICI, Axis, Post Office.
Fixed Deposits remain India's most-held savings instrument because of their simplicity and capital safety — your principal is protected regardless of market movement, and DICGC insurance covers deposits up to ₹5 lakh per bank. Interest can be compounded quarterly or monthly depending on the bank, and rates vary meaningfully: small finance banks like AU, Jana, and Ujjivan often offer 8.5-9.5% versus roughly 6.8-7.1% at large banks like SBI, HDFC, and ICICI, though the trade-off is lower deposit insurance comfort with smaller institutions. Interest above ₹40,000 a year (₹50,000 for senior citizens) attracts 10% TDS unless you submit Form 15G/15H declaring your income is below the taxable threshold. This calculator shows the exact maturity value after accounting for compounding frequency and estimated TDS.
How to use
- Enter your figures in the input fields — the result recalculates instantly as you type, no submit button needed.
- Double-check which financial year or rate the tool is using, shown near the result, since tax and interest rates change periodically.
- Use the "Next step" workflow links below to move into a related calculation, like comparing this result against another instrument.
- Share your result via WhatsApp or Twitter using the buttons above if you need to send it to someone else.
- Everything is calculated locally in your browser — your financial figures are never sent to any server.
Tool details
⚡ Next step — complete your workflow
Frequently asked questions
Is FD interest taxable in India?
Yes, FD interest is added to your income and taxed at your slab rate. TDS at 10% if annual interest > ₹40,000 (₹50,000 for seniors). Submit Form 15G/H to avoid TDS.
Highest FD rate in India 2026?
Small finance banks (AU, Jana, Ujjivan) offer 8.5-9.5%. HDFC/ICICI ~7.1%, SBI ~6.8%. Post Office 5-year FD: 7.5%.
Advertisement