Fixed Deposit Calculator
Estimate your FD maturity amount and interest earned across different compounding frequencies.
Customize Your FD
Maturity Amount
Principal
₹1,00,000
Interest
₹14,869
Principal Amount
₹1,00,000
Interest Earned
₹14,869
Bank FD Rate Comparison (2025)
| Bank | 1 Year | 2 Years | 5 Years |
|---|---|---|---|
| SBI | 6.80% | 7.00% | 6.50% |
| HDFC Bank | 6.60% | 7.00% | 7.00% |
| ICICI Bank | 6.70% | 7.00% | 7.00% |
| Axis Bank | 6.70% | 7.10% | 7.00% |
| Kotak Bank | 7.10% | 7.10% | 6.20% |
| PNB | 6.80% | 6.80% | 6.50% |
| Small Finance Banks | 8.00%+ | 8.25%+ | 8.50%+ |
* Rates are indicative and subject to change. Senior citizens get additional 0.25%–0.50% p.a.
What is a Fixed Deposit (FD) Calculator?
A Fixed Deposit Calculator helps you estimate exactly how much money you will receive at the end of your FD tenure, including the interest earned. Fixed Deposits are one of the safest investment instruments in India, offered by banks, NBFCs and post offices.
FD Compound Interest Formula
Banks in India typically compound FD interest quarterly:
A = Maturity | P = Principal | r = Rate | n = Compounding Freq | t = Years
FD Tips to Maximize Returns
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Ladder your FDs — split into multiple FDs with different maturities to manage liquidity.
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Choose quarterly compounding over annual compounding for better effective returns.
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Submit Form 15G/15H if your total income is below the taxable threshold to avoid TDS.