Skip to main content

FD Calculator — Fixed Deposit Maturity Calculator 2024-25

Calculate FD maturity amount with compound interest. Supports cumulative and non-cumulative FDs, quarterly/monthly compounding, senior citizen rates, and TDS calculation.

FD Calculator

Calculate fixed deposit maturity amount

Interest reinvested, paid at maturity

₹5,00,000
₹10K₹1Cr
7%
3%10%

FD Maturity Result

Maturity Amount

₹7,07,389

After 5y 0m

Invested Amount

₹5,00,000

Total Interest

₹2,07,389

Investment vs Interest

PrincipalInterest

TDS on FD Interest

TDS Applicable (10%)

Annual TDS: ₹4,148

Total TDS: ₹20,739

Effective return after TDS: ₹6,86,650

Year-wise Growth

Fixed Deposit (FD) — Complete Guide

A Fixed Deposit (FD) is one of the safest investment options in India. You deposit a lump sum for a fixed period at a predetermined interest rate.

FD Maturity Formula

Cumulative FD: A = P × (1 + r/n)^(n×t)

Where P = Principal, r = annual rate, n = compounding frequency, t = tenure in years

Non-Cumulative FD: Interest = P × r × t

FD Interest Rates (2024-25)

  • SBI: 6.50-7.10% | Senior Citizen: 7.00-7.60%
  • HDFC Bank: 6.60-7.25% | Senior Citizen: 7.10-7.75%
  • ICICI Bank: 6.70-7.20% | Senior Citizen: 7.20-7.70%
  • Post Office TD: 6.90-7.50%

TDS on FD Interest

  • TDS at 10% if annual interest exceeds ₹40,000 (₹50,000 for senior citizens).
  • Submit Form 15G/15H to avoid TDS if total income is below taxable limit.
  • Without PAN, TDS is deducted at 20%.
  • Tax-saving FDs (5-year lock-in) qualify for Section 80C deduction up to ₹1.5L.

Need Help with Your Business?

Get expert assistance for company registration, tax filing, and compliance.

  • Free Expert Consultation
  • 100% Online Process
  • Transparent Pricing
  • Dedicated Support Manager
Limited Time: Free Consultation

Get Expert Consultation

Get expert guidance • Callback in 30 minutes

100% Safe
15,000+ Served