FD calculator

Calculate maturity value and periodic interest payouts seamlessly

Amount to be saved

₹

One Lakh

10k 25L 50L 75L 1Cr 5Cr

Annual Interest Rate (%)

Customizable according to bank tenure slabs

2.5% 5.0% 6.5% 7.5% 9.0% 12.0%

Interest payout

Find the best interest rates and duration

Deposit tenure

Yrs

Mos

Days

FD maturity date

11 Oct 2029

Note: The above calculation does not include TDS deductions.

Effective Yield: The actual annual return on your Fixed Deposit, including compounding effects.

Principal amount

₹1,00,000

Total interest:

₹19,412

Interest rate:

6.25% Per annum

Monthly interest:

₹521

Maturity date:

11 Oct 2029

Duration:

3 Years 1 Day

Total Maturity Value

₹1,19,412

Cumulative

Overdraft Against FD (up to 90%)

Instant FD creation in 2 minutes

DICGC Insured up to ₹5,00,000

How is Fixed Deposit Interest Calculated?

For tenures of 6 months and above, interest is compounded quarterly according to standard banking regulations using the formula: A = P(1 + r/400)^(4t). For tenures below 180 days, simple interest is applied based on the exact number of days.

Senior Citizen Preferential Rates

Resident Indian senior citizens (aged 60 and above) are entitled to an additional interest rate of 0.50% per annum on domestic term deposits for all tenures, maximizing your retirement earnings.

Tenure Slab	General Citizens	Senior Citizens
7 days to 29 days	3.00%	3.50%
30 days to 90 days	4.75%	5.25%
91 days to 184 days	5.50%	6.00%
185 days to 289 days	6.00%	6.50%
1 year to < 15 months	6.25%	6.75%
2 years 1 day to 3 years	6.45%	6.95%
3 years 1 day to 5 years (Special)	6.50%	7.00%
5 years 1 day to 10 years	6.50%	7.00%

FD calculator

How is Fixed Deposit Interest Calculated?

Senior Citizen Preferential Rates

Current Fixed Deposit Interest Rates

Instant Fixed Deposit Setup