Which bank gives the highest FD rate in India?

Small finance banks often offer 7-9% p.a. Large banks like SBI offer 6.5-7.5% p.a.

Is FD interest taxable?

Yes. FD interest is added to your income and taxed at your applicable slab rate. TDS is deducted if interest exceeds ₹40,000/year.

FD Calculator - Fixed Deposit Maturity Amount India

How FD interest works

Built for speed, clarity, and SEO depth.

Fixed deposit interest is compounded at a set frequency (monthly, quarterly, or annually). The more frequent the compounding, the higher the effective yield.

FD Maturity Formula

Compound interest formula for fixed deposits.

FD Maturity

M = P × (1 + r/n)^(n×t)

P=principal, r=annual rate, n=compounding freq, t=years

Frequently Asked Questions

Related Calculators

View all calculators

Calculate Public Provident Fund maturity with yearly breakdown.

Open Calculator

Forecast SIP growth with monthly contributions.

Open Calculator

Calculate SI and total amount using principal, rate, and time.

Open Calculator

Measure long-term impact of compounding returns.

Open Calculator

Try Next Tool

Financial

Estimate future value, returns, and compounding impact.

Open tool

EMI

Plan monthly loan EMI with transparent cost breakup.

Open tool

SIP

Forecast SIP growth with monthly contributions.

Open tool