Fixed Deposit (FD) Calculator India 2026
Calculate FD maturity amount and interest earned with quarterly, monthly, or annual compounding.
Maturity Amount
₹1,42,175
After 5Y at 7.1% p.a. (quarterly)
| Principal Amount | ₹1,00,000 |
| Interest Earned | ₹42,175 |
| Effective Annual Rate | 7.29% |
| Maturity Amount | ₹1,42,175 |
Year-by-Year Growth
| Year | Opening | Interest | Closing |
|---|---|---|---|
| 1 | ₹1,00,000 | ₹7,291 | ₹1,07,291 |
| 2 | ₹1,07,291 | ₹7,823 | ₹1,15,114 |
| 3 | ₹1,15,114 | ₹8,394 | ₹1,23,508 |
| 4 | ₹1,23,508 | ₹9,005 | ₹1,32,513 |
| 5 | ₹1,32,513 | ₹9,662 | ₹1,42,175 |
Free: Indian Salary Tax Cheatsheet 2026-27
New regime slabs, old regime deductions, PT by state — one page, print-ready.
How to Use FD Calculator
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Enter deposit amount
The lump sum you want to invest in FD.
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Enter interest rate
Annual rate offered by your bank (e.g., 7.1%).
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Choose tenure and compounding
Duration and compounding frequency.
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Frequently Asked Questions
What is the best FD rate in India 2026?
Major banks offer 6.5-7.25% for general citizens. Small finance banks like Unity, Suryoday, and Utkarsh offer 8.5-9.1% for similar tenures. Senior citizens get 0.25-0.5% extra. Rates change quarterly — check with your bank. [VERIFY]
Is FD interest taxable?
Yes. FD interest is fully taxable as income from other sources. TDS is deducted at 10% if annual interest exceeds Rs 40,000 (Rs 50,000 for senior citizens). You can submit Form 15G/15H to avoid TDS if your total income is below taxable limit.
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