Fixed Deposit Calculator
FD Interest Calculator
FD Interest Calculator
Compare Bank FD Rates
Calculate exactly how much your Fixed Deposit will grow. Compare interest rates from SBI, HDFC, ICICI, Axis, and other top banks.
FD Details
4%
7% p.a.
10%
Years (0–10)
Additional months
Your FD Returns
On ₹1,00,000 @ 7% for 2 years (Quarterly)
Maturity Amount
₹1,14,888
Principal
₹1,00,000
Interest Earned
₹14,888
Effective Rate
7.19% p.a.
Principal
Interest Earned
⚠️ TDS on FD Interest
TDS of 10% is deducted if interest exceeds ₹40,000/yr (₹50,000 for Senior Citizens). Submit Form 15G/15H to avoid TDS if your income is below taxable limit.
Compare Rates
Current Best FD Rates (2025)
Compare fixed deposit interest rates from India's top banks. Rates updated regularly.
| Bank | 1 Year | 2 Years | 3 Years | 5 Years | Senior Citizen Benefit |
|---|---|---|---|---|---|
|
SBI
Public Sector
|
6.80% | 7.00% | 6.75% | 6.50% | +0.50% |
|
HDFC Bank
Private Bank
|
7.10% | 7.15% | 7.10% | 7.00% | +0.25% |
|
ICICI Bank
Private Bank
|
6.90% | 7.00% | 7.00% | 6.90% | +0.25% |
|
Axis Bank
Private Bank
|
7.10% | 7.10% | 7.10% | 7.00% | +0.25% |
|
Kotak Mahindra
Private Bank
|
7.10% | 7.20% | 7.10% | 6.20% | +0.40% |
|
PNB
Public Sector
|
6.80% | 6.80% | 6.80% | 6.50% | +0.50% |
|
Bank of Baroda
Public Sector
|
6.85% | 7.25% | 7.15% | 6.50% | +0.50% |
|
AU Small Finance
Small Finance Bank
|
7.75% | 7.75% | 7.50% | 7.25% | +0.50% |
|
Ujjivan SFB
Small Finance Bank
|
8.00% | 7.80% | 7.20% | 7.20% | +0.50% |
|
Unity SFB
Small Finance Bank
|
9.00% | 8.65% | 8.50% | 8.50% | +0.50% |
* Rates are indicative and may change. Verify with the bank before investing. Small Finance Banks (SFB) carry higher risk but offer DICGC insurance up to ₹5 Lakh.
FD vs Alternatives
FD vs Other Investment Options
| Investment | Returns | Risk | Liquidity | Tax |
|---|---|---|---|---|
| Fixed Deposit | 6.5–9% | Zero | Medium (penalty) | Taxable |
| PPF | 7.1% (tax-free) | Zero | Low (15yr lock) | Tax Free |
| Mutual Fund SIP | 10–15% (variable) | Medium–High | High | LTCG applies |
| NPS | 9–12% (variable) | Low–Medium | Very Low | Partial tax-free |
| Savings Account | 3–7% | Zero | Very High | Taxable |
| Gold / Gold ETF | 8–10% avg. | Low–Medium | High | LTCG applies |