FD Calculator — Calculate Fixed Deposit Returns
Calculate your exact maturity value, quarterly compounding interest gains, and year-by-year balance growth for any bank FD in India.
Senior Citizen Bonus Benefit (+0.50% Extra Rate)
Indian banks offer senior citizens (aged 60+) an additional 0.50% interest on fixed deposits.
Deposit Parameters
Drag sliders or enter valuesDeposit vs Interest Growth Split
Year-by-Year FD Balance Trajectory
Visual compounding growth curve over your -year tenure
| Year | Opening Balance | Yearly Interest Earned | Cumulative Interest | Year-End Balance |
|---|---|---|---|---|
Live Bank Fixed Deposit Interest Rates (2026)
Compare leading bank FD interest rates for General Citizens & Senior Citizens
| Bank / Institution | 1 Year Rate | 3 Year Rate | 5 Year Rate | Senior Citizen Extra |
|---|---|---|---|---|
| State Bank of India (SBI) | 6.80% | 7.00% | 6.50% | +0.50% |
| HDFC Bank | 6.60% | 7.00% | 7.00% | +0.50% |
| ICICI Bank | 6.70% | 7.00% | 7.00% | +0.50% |
| Post Office Time Deposit | 6.90% | 7.10% | 7.50% | Same Rate |
DICGC ₹5 Lakh Insurance
Every bank FD is insured up to ₹5 Lakhs (Principal + Interest) by the RBI subsidiary DICGC.
5-Year Tax Saving FD
Investments in 5-year lock-in FDs qualify for Section 80C tax deduction up to ₹1.5 Lakhs.
TDS Rules (Section 194A)
Banks deduct 10% TDS if total FD interest exceeds ₹40,000 (₹50,000 for senior citizens). Submit Form 15G/15H to avoid TDS.
Frequently Asked Questions (FAQ)
Common queries regarding Fixed Deposit calculations and TDS
iHisab — Fixed Deposit (FD) Report
Website: https://ihisab.in | Generated: 25 Jul 2026