FD Calculator
Calculate Fixed Deposit returns, interest earnings, and maturity amounts with tax implications for smart financial planning and investment decisions.
Fixed Deposit Calculation Results
FD Breakdown:
Performance Analysis:
Tax Information:
TDS (Tax Deducted at Source): Banks deduct 10% TDS if interest exceeds 10,000 per year.
Tax Liability: Interest income is added to your total income and taxed as per your income tax slab.
Form 15G/H: Submit to avoid TDS if your total income is below taxable limit.
About
Our FD Calculator helps investors calculate Fixed Deposit returns, interest earnings, tax implications, and maturity amounts for informed investment decisions and financial planning.
Why Choose
Comprehensive FD calculations including cumulative and non-cumulative options, tax calculations, TDS deductions, and senior citizen rates for complete financial analysis.
Features
Multiple FD types, various compounding frequencies, tax rate calculations, TDS considerations, payout schedules, and comparison with simple interest returns.
Benefits
Make informed FD investment decisions, understand tax implications, compare different FD options, plan for regular income, and optimize your fixed income portfolio.
Select FD Type
Choose from regular FD, cumulative FD, non-cumulative FD, tax saver FD, or senior citizen FD based on your investment needs and preferences.
Enter FD Details
Input your principal amount, interest rate, tenure, tax rate, and select compounding frequency for accurate FD return calculations.
Analyze Returns
Review detailed breakdowns, tax implications, net returns, and use the insights for FD investment planning and portfolio optimization.
Frequently Asked Questions – FD Calculator
Cumulative FDs compound interest and pay the total amount at maturity, offering higher returns. Non-cumulative FDs pay interest at regular intervals (monthly/quarterly) but offer lower overall returns. For example: 100,000 at 7% for 3 years – Cumulative: 122,504, Non-cumulative: 121,000 (simple interest).
TDS (Tax Deducted at Source) of 10% is deducted if your FD interest exceeds 10,000 per financial year from a single bank. For example: If annual interest is 15,000, TDS = 1,500. You can submit Form 15G/15H to avoid TDS if your total income is below the taxable limit.
Tax saver FDs offer tax deduction up to 1.5 lakh under Section 80C with a mandatory 5-year lock-in period. They typically offer slightly higher interest rates than regular FDs. However, the interest earned is still taxable as per your income tax slab.
Senior citizens (60+ years) typically get 0.25% to 0.75% additional interest on FDs. For example: If regular rate is 7%, senior citizen rate might be 7.5%. This additional rate significantly increases returns over time, especially for longer tenures.
Higher compounding frequency increases returns. For 1,00,000 at 8% for 2 years: Yearly compounding = 1,16,640, Quarterly = 1,17,166, Monthly = 1,17,289. The difference is more significant for larger amounts and longer periods.
Yes, most FDs allow premature withdrawal with penalty (usually 0.5% to 1% reduction in interest rate). Tax saver FDs have a 5-year lock-in and cannot be withdrawn early. Some banks offer flexi FDs allowing partial withdrawals without penalty.