FD Interest Calculator – Calculate Fixed Deposit Returns Online
Updated rate source: Table below (Updated on 21 Jul 2026)
Tip: Rate is editable. Senior rates vary by bank and tenure.
Example: 1.5 = 1 year 6 months
Result updates when you click Calculate.
Try changing the amount or rate to compare FD returns.
Latest Fixed Deposit Bank Rates – Updated on 21 Jul 2026
Government Banks
| Bank Name | FD Interest Rate |
|---|---|
| State Bank of India (SBI) | 6.45% (Senior: 7.05%) |
| Punjab National Bank (PNB) | 6.60% (Senior: 7.10%) |
| Bank of Baroda (BoB) | 6.75% (Senior: 7.25%) |
| Canara Bank | 6.60% (Senior: 7.10%) |
| Union Bank of India | 6.50% (Senior: 7.00%) |
| Bank of India (BOI) | 6.85% (Senior: 7.35%) |
| Indian Bank | 6.80% (Senior: 7.30%) |
| Indian Overseas Bank (IOB) | 6.60% (Senior: 7.10%) |
| Central Bank of India | 6.70% (Senior: 7.20%) |
| UCO Bank | 6.60% (Senior: 7.10%) |
| Bank of Maharashtra | 6.65% (Senior: 7.15%) |
| Punjab & Sind Bank | 6.85% (Senior: 7.35%) |
| IDBI Bank | 6.50% (Senior: 7.00%) |
| Maharashtra Gramin Bank | 6.50% (Senior: 7.00%) |
Private Banks
| Bank Name | FD Interest Rate |
|---|---|
| HDFC Bank | 6.50% (Senior: 7.00%) |
| ICICI Bank | 6.50% (Senior: 7.10%) |
| Axis Bank | 6.50% (Senior: 7.25%) |
| Kotak Mahindra Bank | 6.50% (Senior: 7.00%) |
| IDFC First Bank | 7.35% (Senior: 7.85%) |
| Yes Bank | 7.25% (Senior: 7.75%) |
| Bandhan Bank | 7.45% (Senior: 7.95%) |
| IndusInd Bank | 7.00% (Senior: 7.50%) |
| RBL Bank | 7.20% (Senior: 7.70%) |
| DCB Bank | 7.50% (Senior: 8.00%) |
| Federal Bank | 6.50% (Senior: 7.10%) |
Co-operative Banks
| Bank Name | FD Interest Rate |
|---|---|
| Saraswat Co-op Bank | 7.00% (Senior: 7.50%) |
| Cosmos Co-op Bank | 6.75% (Senior: 7.25%) |
| SVC Co-op Bank | 6.75% (Senior: 7.25%) |
| Abhyudaya Co-op Bank | 6.75% (Senior: 7.25%) |
| TJSB Sahakari Bank | 6.75% (Senior: 7.25%) |
Rates shown are the highest available rate (general public, deposits below ₹3 crore) across tenures. Senior citizen rates are shown in brackets and may vary by bank and tenure. Please confirm on the bank’s official site before investing.
What is a Fixed Deposit (FD)?
A Fixed Deposit (FD) is a savings option where you deposit a fixed amount for a fixed time period at a fixed interest rate. Many people use FDs for stability and predictable returns. This calculator is designed for quick checking—enter your amount, rate and time, then see the maturity amount or payout income depending on your selection.
How to Use This FD Interest Calculator
Step 1: Enter your deposit amount
Type the principal amount you plan to invest in the FD. The field accepts any number starting from ₹1,000. Try different amounts to compare how maturity and interest change, and decide the deposit size that fits your budget.
Step 2: Select a bank and customer type
The bank dropdown is organised into three groups — Government Banks, Private Banks, and Co-operative Banks. Picking a bank auto-fills the interest rate from the table below. If you are a senior citizen (60 years or above), switch the toggle to "Senior Citizen" and the rate adjusts automatically with the additional benefit that bank offers. If your bank is not listed, choose "Other / Custom" and type your rate manually.
Step 3: Set the time period
Enter the tenure in years (decimals like 1.5 are allowed) or switch to months using the dropdown next to the input field. For monthly payout FDs, the tool automatically switches to months and rounds to whole months, because banks pay monthly interest only on complete calendar months.
Step 4: Choose payout type and calculate
Select Cumulative if you want interest compounded quarterly and the full maturity amount at the end. Select Monthly Payout or Quarterly Payout if you need regular income — the tool shows the periodic payout amount and total interest earned over the tenure. Press the "Calculate FD Maturity" button and the result appears instantly with a breakdown of maturity amount and total interest earned.
Step 5: Compare and decide
Change the bank, rate, or tenure and calculate again to compare different scenarios side by side. This helps you find the combination of bank, tenure, and payout type that gives you the best return for your needs.
Types of FD Interest Payouts
Cumulative FD
This option is suitable if you want your returns to grow and receive the final maturity amount at the end of the FD period.
Monthly Payout FD
This option is useful for people who want regular monthly income (for example, retirees). You will see estimated monthly interest income.
Quarterly Payout FD
Similar to monthly payout, but interest is paid every quarter. You will see estimated quarterly income and total interest for the selected time.
Frequently Asked Questions
Is this calculator valid for all banks?
Yes. You can use the bank dropdown for quick rate filling, and you can also type any rate manually for any bank.
Why do bank FD rates change?
Banks can change FD rates based on liquidity needs, competition and market conditions. RBI policy can influence rates, but banks decide their FD rates independently.
How often are the rates updated here?
You can update the rates once every 30 days and show the “Updated on” date clearly for transparency.
