FD Calculator
Calculate your Fixed Deposit maturity amount and total interest earned.
Compounding Frequency
🏦 Popular FD Rates 2024 (indicative)
| Bank | General | Senior Citizen |
|---|
| SBI | 6.50–7.10% | 7.00–7.60% |
| HDFC Bank | 7.00–7.40% | 7.50–7.90% |
| ICICI Bank | 6.70–7.25% | 7.20–7.75% |
| Axis Bank | 6.70–7.20% | 7.20–7.75% |
| Kotak Mahindra | 6.20–7.25% | 6.70–7.75% |
| Post Office | 6.90–7.50% | Same |
| Small Finance Banks | Up to 9%+ | Up to 9.5%+ |
Rates change frequently. Verify with your bank before investing.
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💡 FD Tips
- Interest from FD is fully taxable at your income tax slab rate
- TDS @ 10% is deducted if annual interest exceeds ₹40,000 (₹50,000 for senior citizens)
- Submit Form 15G/15H to avoid TDS if income is below taxable limit
- Laddering FDs (1yr, 2yr, 3yr) gives liquidity + better average rates
- Senior citizens get 0.25–0.50% extra rate at most banks