FD Calculator
Calculate your Fixed Deposit maturity value — then see the number that actually matters: what TDS and your tax slab leave you with.
Your FD Details
Your FD Outcome
Where Your Money Ends Up
FD interest is always taxable. For a comparable, fully tax-free, government-backed return, see how PPF stacks up.
Try the PPF CalculatorWhat to Know Before You Book an FD
The upsides — and the fine print most calculators leave out.
Capital Protection
Your principal and the quoted rate are locked in for the full tenure, regardless of market movement — one of the safest places to park money.
Predictable, Stable Returns
You know the exact maturity value on day one. No surprises — useful for short-to-medium term goals with a fixed deadline.
Interest Is Always Taxable
Even a 5-year "tax-saving" FD only gives you an 80C deduction on the deposit — the interest it earns is fully taxable, just like a regular FD.
Loan & Overdraft Facility
Most banks let you borrow against your FD at a small markup over the FD rate, so you can access liquidity without breaking the deposit.
FD Calculator — Frequently Asked Questions
The tax and TDS questions every depositor eventually asks.
Is FD interest taxable?
Yes, in full, at your income tax slab — for every type of FD, including 5-year tax-saving FDs.
What is TDS on Fixed Deposits?
10% TDS applies once annual interest crosses ₹40,000 (₹50,000 for senior citizens) with PAN on file; 20% without PAN.
Cumulative vs non-cumulative — what's the difference?
Cumulative FDs reinvest and compound interest, paid at maturity. Non-cumulative FDs pay interest out periodically, with no compounding benefit.
Do senior citizens get a better rate?
Most banks add +0.50% over the regular rate for depositors aged 60 and above, plus a higher TDS-free threshold.
How do I avoid TDS legally?
Submit Form 15G (Form 15H if a senior citizen) if your total income is below the taxable limit — this stops the deduction, it doesn't make the income tax-free.
Is FD better than PPF?
FDs offer flexible tenures and easy liquidity. PPF offers a sovereign guarantee with fully tax-free interest, which often wins on long-term, tax-efficient goals.
Compare FD, PPF & SIP in One App
The Sanchay Karo app lets you track Fixed Deposits alongside your mutual fund and PPF goals, so you always know your real, after-tax returns.
