Calculate your required fixed deposit amount for a target monthly income, or calculate the income from an FD amount you already have.
Calculate your required fixed deposit amount for a target monthly income, or calculate the income from an FD amount you already have.
Note: The calculation uses the interest rate entered above. Rates shown in the bank comparison will be based on the last available data. FD rates can change, so please verify the latest rate with the bank and adjust it manually if required.
See quick answers for common fixed deposit amounts. The figures below use the indicative rate shown in the calculator and the same annual-interest calculation used by this site.
At 6.5% p.a., a ₹10 lakh fixed deposit earns an estimated ₹65,000 interest in one year, before any applicable tax or TDS.
| FD amount | Interest at 6.5% p.a. | Value after 1 year |
|---|
These examples use the interest rate selected above. Change the rate to see updated estimates. Actual bank payout and maturity calculations can differ because of compounding, payout method, tenure and bank-specific terms.
A fixed deposit is one of the simplest ways to earn interest on money you want to keep safely invested for a chosen period. Our FD calculator helps you estimate the amount you may need to place in a bank fixed deposit to generate a target monthly income, or the income you could receive from an FD amount you already have.
Use this FD interest calculator to explore different interest rates and tenures before deciding how much to invest. The calculation can be useful when comparing a one-year FD with longer tenures, or when checking how a change in the rate affects your expected monthly, quarterly or annual interest.
Interest rates can differ between banks and can also change with the tenure selected. Our bank comparison pages let you compare FD interest rates, estimated payouts and the FD amount required for your target income. You can also enter a rate manually when you have a more recent rate from a bank.
If you are planning a fixed deposit for a specific goal, an FD maturity calculator can help you understand the estimated return at the end of the selected period. For an income-oriented investment, the calculator can instead show the estimated interest payout at the frequency you select.
Banks sometimes offer special tenures such as 333-day FD or 555-day FD. You can use a custom tenure when the bank's published offer does not match a standard one-, two- or five-year period. Always verify the current rate and exact conditions with the bank before investing.
Some banks offer different interest rates for senior citizens. Select the appropriate customer category when using the calculator so that your comparison reflects the rate you intend to use. Rates and eligibility rules vary by bank.
Important: Rates shown in this calculator are indicative. They may be based on previously available information and should be independently verified with the bank before making an investment.
Compare indicative fixed deposit rates across popular banks. Rates can vary by tenure, deposit type and customer category, so use the comparison page to edit a rate after verifying it with the bank.
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Rate note: These are the indicative comparison rates currently built into this MVP. They are not live bank feeds and must be verified with the bank before investment.
Enter the monthly income you want, select the FD tenure and use the applicable interest rate. The calculator estimates the FD amount required.
Yes. Banks usually offer different interest rates for different tenures. Special tenures such as 333 days or 555 days may also have separate rates.
Yes. You can enter the tenure in years or days, including special tenures offered by individual banks.
No. Indicative rates are provided for calculation purposes. Please verify the latest rate with the bank before making an FD.
Yes. Click Compare Banks to see and compare rates and estimated returns for different banks.
Use this FD interest calculator to estimate monthly fixed deposit income, calculate the FD amount required for a target monthly payout, compare bank FD interest rates, and check returns for different FD tenures. You can also calculate special-tenure FDs such as 333-day, 444-day and 555-day deposits.
Have a question about fixed deposits, interest rates, tenure or the calculations? Ask us.