Calculate maturity amount, total interest earned, and compare returns across institutions — instantly.
| Year | Opening Balance | Interest Earned | Closing Balance |
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Bank FDs up to ₹5 lakh per depositor per bank are insured by DICGC. NBFCs are NOT covered.
TDS of 10% is deducted if interest exceeds ₹40,000/year (₹50,000 for seniors). Submit Form 15G/H to avoid.
Citizens aged 60+ typically earn 0.25%–0.50% higher interest on FDs across most banks and NBFCs.
Most FDs allow early withdrawal with a penalty of 0.5%–1.0% on the applicable rate. Check terms before booking.