About this calculator
Fixed deposits (FDs) are among the safest savings instruments in India, offered by banks and NBFCs with guaranteed returns for a fixed tenure.
How to use this calculator
Enter deposit amount, annual interest rate and tenure. Most bank FDs compound quarterly — this calculator uses quarterly compounding.
Frequently asked questions
Is FD interest taxable?
Yes. FD interest is added to your income and taxed per your slab. TDS applies if interest exceeds ₹40,000/year (₹50,000 for senior citizens).
Are these calculators free to use?
Yes. All calculators are free, require no signup, and run entirely in your browser.
Results are estimates for planning purposes only — not investment, tax or legal advice. Verify rates on official sources before acting. Compare brokers on our best stock brokers guide or use the brokerage calculator.