Fixed Deposit (FD) Calculator

Calculate FD maturity value and compare live rates across 22 Major & Small Finance Banks.

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Depositor Category

Fixed Deposit AmountOne-time principal amount deposited in FD

₹

₹5,000₹1 Cr

FD Interest Rate (p.a.)Auto-filled by bank selection or drag for custom rate

3 %12 %

FD Tenure (Years)Duration of your Fixed Deposit (1 to 10 years)

1 Yr10 Yr

Compounding Frequency

Principal DepositInterest Earned

Principal Deposit₹5,00,000

Total Interest (7.00% p.a.)+₹1,15,720

FD Maturity Amount1.23x Principal

₹6,15,720

🏆 Highest Return Bank for Your Deposit

Unity Small Finance Bank (9.00% p.a.)

Maturity: ₹6,53,025 (+₹37,305 extra)

Compare All Banks for ₹5,00,000 (3 Years • Regular)

Sorted from highest maturity payout (#1) to lowest.

12h Auto-Synced Rates

Rank	Bank Name	Category	Rate (p.a.)	Interest Earned	Maturity Value
#1	Unity Small Finance Bank★ Highest Return	Small Finance Bank	9.00%	+₹1,53,025	₹6,53,025
#2	Suryoday Small Finance Bank	Small Finance Bank	8.65%	+₹1,46,351	₹6,46,351
#3	Utkarsh Small Finance Bank	Small Finance Bank	8.50%	+₹1,43,509	₹6,43,509
#4	Jana Small Finance Bank	Small Finance Bank	8.25%	+₹1,38,799	₹6,38,799
#5	ESAF Small Finance Bank	Small Finance Bank	8.25%	+₹1,38,799	₹6,38,799
#6	Equitas Small Finance Bank	Small Finance Bank	8.00%	+₹1,34,121	₹6,34,121
#7	Ujjivan Small Finance Bank	Small Finance Bank	7.75%	+₹1,29,474	₹6,29,474
#8	AU Small Finance Bank	Small Finance Bank	7.75%	+₹1,29,474	₹6,29,474
#9	RBL Bank	Private Sector	7.50%	+₹1,24,858	₹6,24,858
#10	IDFC FIRST Bank	Private Sector	7.25%	+₹1,20,273	₹6,20,273
#11	IndusInd Bank	Private Sector	7.25%	+₹1,20,273	₹6,20,273
#12	Yes Bank	Private Sector	7.25%	+₹1,20,273	₹6,20,273
#13	Bandhan Bank	Private Sector	7.25%	+₹1,20,273	₹6,20,273
#14	Bank of Baroda	Public Sector	7.15%	+₹1,18,448	₹6,18,448
#15	Kotak Mahindra Bank	Private Sector	7.15%	+₹1,18,448	₹6,18,448
#16	Axis Bank	Private Sector	7.10%	+₹1,17,538	₹6,17,538
#17	State Bank of India	Public Sector	7.00%	+₹1,15,720	₹6,15,720
#18	Punjab National Bank	Public Sector	7.00%	+₹1,15,720	₹6,15,720
#19	HDFC Bank	Private Sector	7.00%	+₹1,15,720	₹6,15,720
#20	ICICI Bank	Private Sector	7.00%	+₹1,15,720	₹6,15,720
#21	Canara Bank	Public Sector	6.85%	+₹1,13,002	₹6,13,002
#22	Union Bank of India	Public Sector	6.70%	+₹1,10,296	₹6,10,296

DICGC Insurance: Deposits up to ₹5,00,000 per depositor per bank in all RBI-licensed Small Finance, Private, and PSU banks are insured by the RBI's DICGC.

How Bank Fixed Deposit (FD) Maturity Is Calculated

Indian banks calculate cumulative FD maturity using quarterly compounding (n = 4 quarters per year) across your chosen deposit tenure:

A = P × (1 + r / (100 × n))^(n × t)   |   n = 4 (Quarterly), P = Deposit, r = Annual Rate %

Frequently Asked Questions (FD Calculator)

Which bank offers the highest FD interest rate in India right now?

RBI-scheduled Small Finance Banks such as Unity Small Finance Bank (up to 9.00% regular / 9.50% senior), Suryoday SFB, and Utkarsh SFB currently offer the highest FD rates, while Bandhan, IndusInd, and RBL lead among private banks.

Are Small Finance Bank FDs safe?

Yes. All RBI-licensed Small Finance Banks are covered under the Deposit Insurance and Credit Guarantee Corporation (DICGC), which insures up to ₹5,00,000 (principal + interest combined) per depositor per bank.

How do Indian banks compound Fixed Deposit interest?

For cumulative FDs with tenures of 6 months or more, Indian banks compound interest quarterly (4 times a year) and pay the accumulated interest along with principal at maturity.