FD Calculator

Use our FD Calculator to calculate the maturity amount of your Fixed Deposit of any bank. Get accurate interest, tenure, and total returns on your investment with easy-to-use calculations.

FD Calculator

Principal Amount (₹): Interest Rate (% per annum): Time Period (Years):

Also Read : Why SIP is Better Than FD: 6 Reasons Why SIP is the Better
https://thebullbook.in/why-sip-is-better-than-fd/

FD Rates in Diffrent Bank

As per Groww here are FD rated in Diffrents bank:

Bank	FD Interest Rates 2024
IDBI Bank Tax Saving FD	6.10% - 6.85%
PNB Tax Saving FD	5.80% - 6.30%
IDFC First Bank Tax Saving FD	6.50%
Axis Bank Tax Saving FD	6.10% - 6.85%
HDFC Bank Tax Saving FD	6.10% - 6.60%
IndusInd Bank Tax Saver Scheme	6.75% - 7.50%
SBI Bank Tax Saving FD	6.10% - 6.60%
RBL Bank Tax Saving FD	6.55% - 7.05%
Canara Bank Tax Saving FD	6.50% -
Bank of Baroda Tax Saving FD	5.65% - 6.30%
Union Bank of India Tax Saving FD	6.70% -
Punjab and Sind Bank Tax Saving FD	6.10% - 6.60%

Tax on FD Income

If the interest earned on FD is Rs 1 lakh, you will pay Rs 31,200 as tax (30% income tax plus 4% cess on tax paid). The TDS on Fixed Deposit is 10% if your interest for the entire financial year exceeds Rs 40,000 for the Assessment Year (AY) 2024-25.