FD Calculator
Fixed Deposit · SBI · HDFC · Post Office · Senior Citizen Rates · TDS Estimate
Free FD Calculator India 2026 — SBI, HDFC, Post Office, Senior Citizen Rates
This FD Calculator computes Fixed Deposit maturity amount, interest earned, and effective yield for any Indian bank or NBFC. Simply enter principal, interest rate, tenure, and compounding frequency to get your exact maturity amount. Quick presets for SBI, HDFC, Post Office, Bandhan Bank, and Small Finance Banks let you compare returns across institutions in seconds — rates shown are indicative starting points since banks revise FD rates frequently (sometimes weekly), so always confirm the exact current rate on your bank's website before booking.
Senior Citizen FD — Extra 0.5% Rate
Most Indian banks offer senior citizens (age 60+) an additional 0.5% per annum interest on Fixed Deposits. SBI's special "We-care" scheme adds an extra 0.5% over the regular senior citizen rate for 5-10 year tenures. Toggle the Senior Citizen option to instantly see the higher maturity amount. NRIs in USA, UK, UAE, and Australia with Indian FD accounts also benefit from competitive NRE/NRO FD rates ranging from 7% to 8.5% with complete tax-free interest on NRE accounts.
TDS on FD Interest — Know Before You Book
Banks deduct 10% TDS (Tax Deducted at Source) under Section 194A when annual FD interest exceeds ₹50,000 for general taxpayers or ₹1,00,000 for senior citizens (thresholds raised under Budget 2025, effective FY 2025-26 onward). Submit Form 15G (non-seniors) or Form 15H (seniors) if your total income is below the taxable limit to avoid TDS deduction. This calculator shows estimated TDS impact on your net maturity — a feature basic FD calculators often skip. Compare monthly, quarterly, half-yearly, and yearly compounding to see exactly how frequency impacts your returns.
FD Calculator – Fixed Deposit Maturity & Interest Calculator India
This FD calculator computes maturity amount and total interest for any fixed deposit — with monthly, quarterly, half-yearly or annual compounding. NRIs in the USA, UK, Canada, Australia, Germany and UAE widely use NRE and NRO fixed deposits in India for tax-free returns (NRE FDs are fully tax-exempt). This tool handles all compounding frequencies accurately. No login needed.
FD Rates & Compounding Impact 2026
FD rates vary by bank and change frequently — as a rough range, major banks typically offer 6%–7.5% for regular customers with an extra 0.25%–0.5% for senior citizens, while Small Finance Banks often run higher at 7.5%–8.5% (DICGC insured up to ₹5 lakh). Always check your bank's current published rate before booking. What stays constant is the compounding math: ₹1 lakh at 7% for 5 years with quarterly compounding earns ₹41,478 vs ₹35,000 with simple interest — ₹6,478 more.
NRE vs NRO Fixed Deposits for NRIs
NRE FD: funded from overseas earnings, fully repatriable, interest is tax-free in India (but may be taxable in USA, UK, Canada, Australia under FEMA/local tax rules). NRO FD: for India-source income, repatriation limited to $1 million/year, interest taxable at 30% in India (TDS deducted). Tax-saver FDs (5-year lock-in) give Section 80C deduction up to ₹1.5 lakh for resident Indians.