Master your risk-free wealth creation with Fixed Deposits.
The Fixed Deposit (FD) Calculator instantly calculates how much your investment grows in a bank FD. Fixed Deposits remain India's most popular savings instrument — they offer guaranteed returns, no market risk, and DICGC insurance up to ₹5 lakh per bank.
Use this calculator to compare FD returns across different banks, tenures (7 days to 10 years), and compounding frequencies (monthly, quarterly, annually).
Maturity Wealth
₹1,41,478
Wealth accumulated over 5.0 years.
Total Interest
₹41,478
Compound returns
Monthly Payout
₹583
Indicative monthly income
Growth Milestone
You earned ₹6,478 more than simple interest.
Base Capital
71%
Growth
29%
Don't lock your entire capital in a single tenure. Staggering maturity ensures constant liquidity of ₹1,00,000.
Safety
DICGC Insured up to ₹5L.
Yield
Auto-reinvest for growth.
Effective Yield
7.19% p.a.
Don't lock your entire capital ₹1,00,000 in a single tenure. Use the Laddering Strategy to maximize both liquidity and returns.
Split Capital: Divide into 3 or 5 parts with different tenures (1, 2, 3 years).
Reinvest Loop: As each FD matures, reinvest it for the longest tenure (e.g., 3 years).
DICGC Safety Shield
Your deposits are 100% insured up to ₹5 Lakh per bank. High-wealth individuals should ladder across multiple A-rated banks.
Tax Optimization
Use Form 15G/15H if your total income is below the tax limit to prevent the bank from deducting 10% TDS automatically.
Standard bank guidelines for FY 2026-27. Rates are subject to periodic change by the RBI monetary policy.
The Fixed Deposit (FD) Calculator instantly calculates how much your investment grows in a bank FD. Fixed Deposits remain India's most popular savings instrument — they offer guaranteed returns, no market risk, and DICGC insurance up to ₹5 lakh per bank.
Use this calculator to compare FD returns across different banks, tenures (7 days to 10 years), and compounding frequencies (monthly, quarterly, annually).
FD interest is typically compounded quarterly by most Indian banks. The calculator applies the compound interest formula to compute your exact maturity amount. Note: The effective annual yield (EAY) is slightly higher than the stated rate due to quarterly compounding — for example, a 7% FD compounded quarterly effectively yields 7.19% annually.
A = P × (1 + r/n)^(n×t)Where:
Modeling a deposit of ₹1L in a top bank FD for 5 years at 7% p.a. compounded quarterly.
• Maturity Amount: ₹1.41 L
• Interest Earned: Calculated
• Efficiency: Bank-grade precision.
Use this specific scenario to plan your fixed-income laddering strategy and identify the exact interest credit you will receive at the end of the tenure.
Compare FD interest rates across major Indian banks for a 1-2 year tenure:
| Bank | 1 Year FD Rate | 2 Year FD Rate | Senior Citizen Extra | Max Tenure |
|---|---|---|---|---|
| SBI | 6.80% | 7.00% | +0.50% | 10 Years |
| HDFC Bank | 6.60% | 7.00% | +0.50% | 10 Years |
| ICICI Bank | 6.70% | 7.00% | +0.50% | 10 Years |
| Kotak Mahindra | 7.10% | 7.25% | +0.50% | 10 Years |
| Post Office TD | 6.90% | 7.00% | No extra | 5 Years |
The figures provided by this calculator are estimates based on the inputs you provide and standard financial formulas. STOCKCALC.IN does not offer investment advice. Please consult a qualified financial advisor before making any investment decisions.
Verified Contributor
I verified this calculation against the April 2026 Fiscal Cycle. If you have questions about the logic, reach out via the Author Page.
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Your interest exceeds ₹40,000. Banks will deduct 10% TDS. Submit Form 15G/15H if your total income is below the taxable limit.