Free FD Calculator 2025 - Fixed Deposit Calculator India
Calculate your Fixed Deposit maturity amount and interest earned instantly with latest FD rates from Government Banks (SBI, PNB, BOB) and Private Banks (HDFC, ICICI, Axis). Free online FD calculator with SBI, HDFC, ICICI bank rates for general and senior citizens. Compare compound vs simple interest returns.
Free FD Calculator 2025 - Calculate Fixed Deposit Returns
FD Interest Rates 2025
Simple vs Compound Interest
See the difference between simple and compound interest
Simple Interest
Compound Interest
Better ReturnsPopular FD Interest Rates 2025 - FD Calculator India
Latest FD rates as of 2025 (rates vary by bank and tenure). Use our FD calculator to compare returns from SBI, HDFC, ICICI, PNB, and other banks.
Public Sector Banks
SBI, PNB, Bank of Baroda
Private Banks
HDFC, ICICI, Axis Bank
Small Finance Banks
Ujjivan, Equitas, AU Bank
Senior Citizens
Additional interest for seniors
What is Fixed Deposit? - FD Calculator 2025
A Fixed Deposit (FD) is a financial instrument provided by banks and financial institutions that offers investors a higher rate of interest than a regular savings account, until the given maturity date. Use our free FD calculator to calculate your FD returns instantly.
Key features of FD:
- ✓Fixed interest rate for entire tenure
- ✓Safe and guaranteed returns
- ✓DICGC insurance up to ₹5 lakh
- ✓Loan facility against FD
Our FD calculator helps you calculate FD maturity amount for SBI, HDFC, ICICI, PNB, and all major Indian banks.
FD Interest Calculation Formula - How to Calculate FD Returns
Simple Interest Formula: Our free FD calculator uses these exact formulas to give you accurate results.
Compound Interest Formula:
- P = Principal amount (FD deposit amount)
- R = Annual interest rate (FD rate from bank)
- T/t = Time period in years (FD tenure)
- n = Compounding frequency per year
- A = Maturity amount (Final FD value)
Use our FD calculator to calculate returns for SBI FD, HDFC FD, ICICI FD, and other Indian banks.
Smart FD Investment Tips - FD Calculator Guide 2025
Laddering Strategy
Divide your corpus into multiple FDs with different maturity dates to maintain liquidity and benefit from rate changes.
Compare Rates
Compare FD rates across different banks. Small finance banks often offer higher rates than traditional banks.
Choose Right Tenure
Longer tenure often offers better rates, but consider your liquidity needs before locking in for long periods.
Senior Citizen Benefit
Senior citizens (60+ years) typically get 0.25% to 0.75% additional interest on FDs at most banks.
Tax Saving FD
5-year tax-saver FD qualifies for deduction under Section 80C up to ₹1.5 lakh, but has lock-in period.
Auto-Renewal
Opt for auto-renewal to avoid missing the maturity date. You can always break it later if needed.
Frequently Asked Questions - FD Calculator FAQ
Which bank offers the highest FD interest rate in India? - FD Calculator 2025
Small finance banks like Equitas and Ujjivan offer the highest FD rates (8.00-8.50% for general, 8.50% for senior citizens). Among large banks, IndusInd Bank and Yes Bank offer competitive rates around 7.50-7.75%. Use our free FD calculator to compare returns from all major banks.
Can I withdraw FD before maturity? - FD Calculator Tips
Yes, you can withdraw FD prematurely, but you'll typically lose some interest (penalty of 0.5-1% or partial interest). Check premature withdrawal terms before booking. Use our FD calculator to see how different tenures affect your returns.
Is FD interest taxable?
Yes, FD interest is fully taxable as per your income tax slab. TDS is deducted if interest exceeds ₹40,000 per year (₹50,000 for senior citizens). Submit Form 15G/15H if your income is below taxable limit.
What is cumulative vs non-cumulative FD?
Cumulative FD: Interest is compounded and paid at maturity (better returns). Non-cumulative FD: Interest is paid out at regular intervals (monthly/quarterly/yearly) for regular income. Use our FD calculator to compare compound interest benefits.
What is the difference between SBI and HDFC Bank FD rates?
SBI is a government bank offering FD rates around 7.10% (general) and 7.60% (senior citizens). HDFC Bank is a private bank offering 7.25% (general) and 7.75% (senior citizens). HDFC offers slightly higher rates but SBI has wider branch network and higher trust factor.
Can I get a loan against my FD?
Yes, banks offer loan/overdraft facility against FD up to 80-90% of the FD value. Interest rate is typically 1-2% above the FD rate. FD remains intact as collateral. This is useful when you need liquidity without breaking your FD.