Calculate FD Maturity & Returns Online. Compare 2026 FD rates, senior citizen premiums, and post-tax yields. Verify latest rates instantly.
No deductions applicable. 7 slabs from Nil (up to Rs. 4L) to 30% (above Rs. 24L).
Maturity amount
₹6,15,720
after 3 years
Post-tax maturity
₹5,98,362
Total interest earned
₹1,15,720
Effective yield post-tax
6.17%
p.a.
Tax on interest
₹17,358
₹5,00,000 (81.2%)
₹98,362 (16.0%)
₹17,358 (2.8%)
Is your FD working as hard as it should?
Get your wealth check-up todayDisclaimer: This calculator assumes quarterly compounding (standard for Indian bank FDs). Post Office FDs compound annually; some NBFCs compound monthly. Tax is applied on total interest at maturity. In practice, TDS on FD interest is deducted annually (10% with PAN, 20% without). Senior citizen rates (additional 0.25-0.50%) are not differentiated. Non-cumulative FDs with periodic payouts are not modelled.
Drag the slider or type the lump sum you plan to deposit. Range is Rs. 10,000 to Rs. 10 crore.
Use the rate offered by your bank on its latest FD (Fixed Deposit) rate card. The calculator supports 3% to 9.5%.
Pick anywhere from 3 months to 10 years. If you need liquidity soon, Then keep tenure short to avoid premature withdrawal penalties.
Pick "New regime" if you do not claim deductions like 80C, HRA (House Rent Allowance), or home loan interest. Pick "Old regime" if you do.
Choose the slab that matches your annual taxable income (Nil, 5%, 10%, 15%, 20%, 25%, or 30%). This drives the TDS (Tax Deducted at Source) and post-tax yield calculation.
Check Maturity amount, Post-tax maturity, Total interest earned, Effective yield post-tax, and Tax on interest. The donut chart breaks down Principal vs Net interest vs Tax so you can see the real return after tax drag.
A fixed deposit (FD) is a financial product where you place a lumpsum with a bank for a fixed tenure at a predetermined interest rate. At the end of the tenure, you receive your principal plus the accumulated interest. Unlike a savings account, an FD locks your money for a chosen period, anywhere from 7 days to 10 years, in return for a higher, guaranteed interest rate. The rate is fixed at booking and does not change for the life of the FD, even if market rates move.
HDFC FDs are popular for three reasons.
The HDFC FD Calculator computes your fixed deposit returns using the following formula:
A = P × (1 + r/n)^(n × t)
Where
A = 5,00,000 × (1.015625)^4 ≈ ₹5,31,200
Pre-tax interest: ₹31,200
Post-tax at 20% slab (New Regime):
Tax: ₹31,200 × 20% = ₹6,240
Post-tax maturity: ₹5,24,960
Effective yield: 4.99% p.a. (down from 6.25%)
At 30% slab: Effective yield ~4.37%, below inflation.
Current as of May 2026. Verified against HDFC Bank's official rate sheet at hdfc.com/fd-interest-rates.
| Tenure | Regular Rate | Senior Citizen Rate | Premium |
| 7-14 days | 3.50% | 4.00% | +0.50% |
| 15-29 days | 3.50% | 4.00% | +0.50% |
| 30-45 days | 4.00% | 4.50% | +0.50% |
| 46-60 days | 4.75% | 5.25% | +0.50% |
| 61-87 days | 5.00% | 5.50% | +0.50% |
| 88-180 days | 6.00% | 6.50% | +0.50% |
| 6 months to <9 months | 6.00% | 6.50% | +0.50% |
| 9 months to <1 year | 6.25% | 6.75% | +0.50% |
| 1–2 years | 6.25% | 6.75% | +0.50% |
| 2–3 years | 6.50% | 7.00% | +0.50% |
| 3–5 years | 6.25% | 6.75% | +0.50% |
| 5–10 years | 6.25% | 7.00% | +0.75% |
| 5-Year Tax Saver (80C) | 6.25% | 7.00% | +0.75% |
Highest Rate: 6.50% (2-3 year) / 7.00% (senior, 2Y+)
HDFC's senior premium is 0.50% on most tenures, escalating to 0.75% on 5Y+. Competitive with Axis on long-term savings.
Tax advantage: Section 80TTB allows ₹50,000 deduction on aggregate FD + savings interest (limits TDS impact).
| NRE FD Tenure | Interest Rate (p.a.) |
| 1–2 years | 6.00% |
| 2–3 years | 6.00% |
| 3–5 years | 6.00% |
| 5–10 years | 6.00% |
Key: NRE rates are 0.25% lower than domestic rates but interest is 100% tax-free. Best for NRIs with repatriation needs.
For deposits ₹5 lakh+, HDFC offers tiered upgrades:
| Deposit Bracket | Added Premium | Effective 1Y Rate |
| ₹5–10 lakh | +0.25% | 6.50% |
| ₹10–25 lakh | +0.50% | 6.75% |
| ₹25 lakh+ | +0.75% | 7.00% |
HDFC Bank moves rates in response to RBI repo decisions and competitive moves by peer banks (Axis, ICICI, Canara). The last meaningful change was March 2025 when HDFC cut 5-year rates by 25 bps.
Currently, HDFC's positioning is middle-of-the-road: not the highest like Canara/SBI on 1Y, but solid on 2–3Y tenures.
Before booking: Verify at hdfcbank.com/fd-interest-rates.
At 6.25% (1–2Y), HDFC is neutral — not leading the market (SBI at 6.80%, Canara at 6.85%), but competitive for premium customers.
Post-tax calculation at 30% slab, 1Y: 6.25% × 0.70 = 4.37% effective yield (below inflation)
Use HDFC FD if:
| Approach | How It Works | Best For | Post-Tax Return |
| HDFC FD (1–2Y) | Lumpsum locked at 6.25%, quarterly CPD | Capital safety, 1–3 year goals, HNI deposits | 5.0% (20% slab) |
| SBI FD (1Y) | Lumpsum locked at 6.80%, quarterly | Higher headline rate, bank ecosystem | 5.44% (20% slab) |
| Debt Mutual Fund | Diversified bond portfolio, managed by AMC | Tax-efficient (long-term), no lock-in | 5.2–6.2% (20%) |
| Liquid Mutual Fund | Overnight/money market, high liquidity | Emergency fund, short-term parking | 6.0–6.5% (20%) |
| Post Office FD (5Y) | Annual compounding, govt-backed | Seniors, rural access, tax saver | 5.36% (20% slab) |
| Bank | 1 Year | 2-3 Years | 5 Years | Senior 5Y+ |
| HDFC Bank | 6.25% | 6.50% | 6.25% | 7.00% |
| SBI | 6.80% | 6.60% | 6.50% | 7.50% |
| Axis | 6.25% | 6.45% | 6.45% | 7.20% |
| Canara Bank | 6.85% | 6.40% | 6.00% | 6.75% |
| Kotak Mahindra | 6.50% | 6.40% | 6.25% | 6.75% |
| PNB | 6.40% | 6.00% | 6.25% | 6.75% |
HDFC's Niche: Strongest on 2–3Y (6.50% beats Axis/Canara), best digital onboarding, premium customer service.
| Bank | 1 Year | 3 Year | 5 Year | Senior Premium |
| HDFC Bank | 6.25% | 6.50% | 6.25% | 0.50% (0.75% for 5Y+) |
| SBI | 6.80% | 6.60% | 6.45% | 1.00% (5Y+) |
| Axis Bank | 6.25% | 6.45% | 6.45% | 0.75% (5Y) |
| ICICI Bank | 6.25% | 6.50% | 6.50% | 0.50% |
| Kotak Mahindra | 6.50% | 6.40% | 6.25% | 0.50% |
| PNB | 6.40% | 6.00% | 6.25% | 0.50% |
| Canara Bank | 6.85% | 6.40% | 6.00% | 0.50% |
| Bank of Baroda | 6.85% | 7.15% | 6.50% | 0.50% |
Indicative rates as of May 2026. Verify with each bank's official site before booking.
SBI's Advantage: Highest 1Y rate (6.80%), best senior citizen premium (1.00% on 5Y+), massive branch network, D-SIB status.
HDFC Bank is India's largest private sector bank by market cap (~₹18 trillion). Started as a pure housing finance company (1994), it morphed into a universal bank (2015) after merging with Housing Development Finance Corporation.
| Attribute | Value |
| Bank Name | HDFC Bank Limited |
| Founded | 1994 (HDFC), 1977 (parent HDFC) |
| Headquarters | Mumbai |
| MD & CEO | Sashidhar Jagdishan (since 2020) |
| Branches | 9,000+ (major metro presence) |
| ATMs | 25,000+ |
| Customers | 12+ crore |
| Market Cap | ~₹18 trillion |
| DICGC Cover | ₹5 lakh |
| Type/Status | Private Sector Bank, D-SIB (Domestic Systemically Important) |
| Rate Source | hdfcbank.com/fd-interest-rates |
D-SIB Status: As a Domestic Systemically Important Bank, HDFC is considered "too big to fail" by regulators, making SBI deposits among the safest in India.
| Product | Description |
| Regular Fixed Deposit | 7 days–10 years, ₹1,000 minimum |
| HDB Digital FD | 100% online, ₹1,000 minimum via app |
| HDB Tax Saver FD | 5-year lock-in, Section 80C eligible |
| HDB Sweep FD | Auto-sweep excess savings into FD |
| HDB Flexi FD | Partial withdrawal allowed |
| HDB Money Multiplier | Tiered interest increases annually (niche) |
| NRE / NRO FD | For Non-Resident Indians |
| Senior Citizen FD | Dedicated senior rates (60+) |
| Premium+ FD | Tiered rates for ₹5L+ deposits |
Cumulative or monthly/quarterly/annual payout. 7 days to 10 years. Minimum ₹1,000 branch or net banking. Premature withdrawal: 1% penalty below rate (except last 7 days).
Open via HDFC mobile app (iOS/Android) with e-KYC. Minimum ₹1,000. Funding from any bank via NEFT. Maturity via auto-credit to linked savings account. Fastest onboarding in HDFC's portfolio.
₹1.5L deduction under Section 80C annually (Old Regime). 5-year lock-in. Rate 6.25% general / 7.00% senior. Minimum ₹100. No premature withdrawal.
For deposits ₹5 lakh+. Tiered rate upgrades (+0.25% to +0.75% depending on ticket size). Exclusive customer service + relationship manager.
Allows up to 75% withdrawal. Interest recalculated on holding period. Useful for emergencies.
Explore our suite of intuitive calculators designed to help you streamline your financial planning and maximize your tax efficiencies:
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See the massive impact of increasing your investment amount annually in line with your income growth.
Accurately compute annualized returns for irregular cash flows, multiple investments, or redemption scenarios.
Optimize your rental tax savings instantly.
Analyze your mutual fund holdings to identify duplicate stocks and ensure true diversification.
Novelty Wealth does not just calculate FD maturity, it helps you decide whether an FD is the right destination for your money. Connect your existing portfolio and let NovaAI score every option against your goals, tax slab, and risk profile.
Both are equally safe—both are D-SIB (Domestic Systemically Important Banks) with ₹5L DICGC cover. SBI is older + larger, HDFC has higher market cap. Choose based on rates + convenience.
As of May 2026: 6.25% (1–2 years), 6.50% (2–3 years), 6.25% (5 years). Senior citizens earn +0.50% to +0.75% depending on tenure. Verify at hdfcbank.com before booking.
At your full income-tax slab rate. HDFC deducts 10% TDS if annual interest exceeds ₹40,000 (₹50,000 for seniors). File Form 15G/15H to avoid TDS if below taxable limit.
Yes, except 5-year Tax Saver FD. Premature withdrawal: 1% penalty below contracted rate. HDB Flexi FD allows up to 75% withdrawal without full breakage.
₹1,000 (regular/digital), ₹100 (Tax Saver). Premium+ requires ₹5 lakh+.
Yes. +0.50% on most tenures, +0.75% on 5Y+.
Example: 1Y regular 6.25% → senior 6.75%.
Yes, fully tax-free. However, rates are lower (6.00% vs 6.25% domestic). Repatriation of principal + interest is unrestricted.
Tiered rate upgrades for deposits ₹5L+. ₹25L+ deposits earn +0.75% premium (7.00% on 1-year). Exclusive perks + dedicated service.
Yes. Enable "Sweep" on your account settings. Excess savings auto-sweep into FD. Breakage is automatic when you withdraw: ₹1 unit precision.
₹5 lakh max per depositor per bank, principal + interest combined. If your FD matures to ₹6 lakh, only ₹5L is insured. (Open separate deposits at other banks if above ₹5L limit.)