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FD Calculator
FD Details
₹
%
Maturity Amount
Total amount you'll receive
₹1,06,660
After 12 Months at 6.5% p.a.
Interest Earned
Total interest earnings
₹6,660
Effective Rate: 6.66%
Investment Breakdown
₹1,00,000
Principal
₹6,660
Gross Interest
₹0
TDS (10%)
₹6,660
Net Interest
Investment Summary
Investment Amount:₹1,00,000
Interest Rate:6.5% p.a.
Investment Period:12 Months
Compounding:quarterly
Maturity Amount:₹1,06,660
Total Interest:₹6,660
Monthly Growth:₹555
Effective Rate:6.66%
Current FD Rates Comparison
| Bank | Type | Interest Rate | Maturity Amount |
|---|---|---|---|
| SBI | Public Sector | 6.5% | ₹1,06,660 |
| HDFC Bank | Private | 7% | ₹1,07,186 |
| ICICI Bank | Private | 6.9% | ₹1,07,081 |
| Axis Bank | Private | 7.25% | ₹1,07,450 |
| PNB | Public Sector | 6.3% | ₹1,06,450 |
| Kotak Mahindra | Private | 7.1% | ₹1,07,291 |
| IndusInd Bank | Private | 7.5% | ₹1,07,714 |
| YES Bank | Private | 7.75% | ₹1,07,978 |
* Rates are indicative and may vary. Please check with respective banks for current rates.
Why Choose Fixed Deposits?
Guaranteed returns with fixed interest rates
Capital protection and safety of principal
Flexible tenure options from 7 days to 10 years
No market risk or volatility
Premature withdrawal facility available
Senior citizen get additional 0.5% interest
FD Investment Tips
Compare interest rates across multiple banks before investing
Consider laddering FDs for better liquidity and rate optimization
Check for special rates during festive seasons
Use FD receipts as collateral for loans if needed
Monitor interest rate trends for optimal investment timing
Consider tax-saving FDs for Section 80C benefits