FD Calculator
Fixed Deposit (FD) is a safe investment option where you deposit a lump sum for a fixed tenure at a predetermined interest rate.
Fixed Deposit Details
Senior citizens get 0.50% higher rate
FD Maturity Details
About Fixed Deposit Calculator
Our Fixed Deposit (FD) calculator helps you estimate maturity amounts, interest earned, and monthly income from bank fixed deposits. Whether you're saving for retirement, children's education, or building an emergency fund, FDs offer guaranteed, risk-free returns.
The calculator supports both cumulative (interest reinvested, paid at maturity) and non-cumulative (monthly/quarterly payouts) options, and automatically adds 0.5% higher rates for senior citizens.
FD Interest Formula
Cumulative (Compounded)
A = P × (1 + r/n)^(n×t)
A = Maturity, P = Principal, r = Rate, n = 4 (quarterly), t = Years
Non-Cumulative (Payout)
Monthly Income = (P × r × t) ÷ (t × 12)
Principal remains intact, regular income every month
FD Interest Rates by Bank (2025-26)
| Bank | 1 Year | 3 Years | 5 Years | Senior Citizen |
|---|---|---|---|---|
| SBI | 6.8% | 7.0% | 7.1% | +0.5% |
| HDFC Bank | 6.9% | 7.1% | 7.2% | +0.5% |
| ICICI Bank | 7.0% | 7.2% | 7.25% | +0.5% |
| PNB | 6.9% | 7.1% | 7.3% | +0.5% |
| Post Office | 6.9% | 7.0% | 7.1% | +0.5% |
Rates updated quarterly. Small finance banks offer 0.5-1.5% higher rates.
Frequently Asked Questions
About the FD Calculator
Fixed Deposit (FD) is a safe investment option where you deposit a lump sum for a fixed tenure at a predetermined interest rate.
Formula
FD Interest Rates by Bank
| Category | Value |
|---|---|
| Bank | 1 Year |
| SBI | 6.8% |
| HDFC | 6.9% |
| ICICI | 7.0% |