Calculate Maturity Amount & Interest
Secure growth for your savings
FDs offer guaranteed returns for the selected tenure, unaffected by market fluctuations.
One of the safest investment options, backed by the bank and deposit insurance (up to ₹5 Lakhs).
Senior citizens typically get 0.50% higher interest rates than regular customers.
Loans against FD are available (up to 90% of value) for emergencies without breaking the FD.
Choose a duration from 7 days to 10 years to align with your financial goals.
You can withdraw money before maturity in emergencies, though a small penalty may apply.
A Fixed Deposit (FD) is a financial instrument provided by banks and NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It is a secure investment with guaranteed returns.
Interest is locked
7 days to 10 years
Often quarterly
Common queries about Fixed Deposits
Yes, FD interest is fully taxable as per your income tax slab. Banks deduct TDS (Tax Deducted at Source) at 10% if interest exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year, unless you submit Form 15G/15H.