Fixed Deposit Calculator
Calculate FD maturity with TDS impact, compare bank rates, compounding frequencies, and see year-by-year growth of your deposit.
Configure FD
A = P × (1 + r/n)n×t | r = annual rate, n = compounding freq, t = years
Banks deduct TDS @10% if annual FD interest exceeds ₹40,000 (₹50,000 for senior citizens). Submit Form 15G/15H to avoid TDS if your total income is below taxable limit.
Compounding Frequency Comparison
See how different compounding frequencies affect your returns
Bank FD Rate Comparison (2026)
Compare maturity across leading banks for your principal & tenure
Year-by-Year Breakdown
0 yearsUnderstand Fixed Deposits
Why FDs Remain India's Favourite Investment
Guaranteed returns, flexible tenure, and DICGC insurance make FDs the bedrock of every portfolio.
Guaranteed Returns
Unlike market-linked investments, FD interest rates are locked in at the time of booking. Your returns are completely predictable regardless of market movements.
DICGC Insurance
Bank deposits are insured up to ₹5 lakh per depositor per bank by DICGC (RBI subsidiary). This covers both principal and interest in case of bank failure.
Tax-Saving FD (5 Year)
5-year tax-saver FDs qualify for Section 80C deduction up to ₹1.5 lakh. Lock-in is 5 years with no premature withdrawal, but interest is still taxable.