FD / RD Calculator 2026: Pre-Tax vs Post-Tax Returns
India's most comprehensive Fixed Deposit and Recurring Deposit calculator. Pre-tax vs post-tax returns, bank comparison, inflation-adjusted real yield & free Excel download.
🏦 Instrument Type
💰 FD Details
📋 Tax & Inflation
FD interest is taxable at your applicable slab rate. TDS applies if annual interest exceeds ₹40,000.
FD Maturity Value
₹5.36 L
Post-tax: ₹5.26 L · Interest: ₹36,456 · Tax: ₹10,937
Principal
₹5.00 L
deposited
Interest Earned
₹36,456
at 7.1% p.a. (Quarterly compounding)
Tax Deducted
₹10,937
at 30% slab · TDS if int > ₹40,000/yr
Post-Tax Maturity
₹5.26 L
net in hand after tax
Real Return (Inflation-Adj)
1.22% p.a.
vs nominal 7.29% · 6% inflation assumed
Inflation-Adj Value
₹5.06 L
purchasing power in today's rupees
📈 Growth Over Time
| Year | Principal | Cumul. Interest | Balance |
|---|---|---|---|
| 1 | ₹5.00 L | ₹36,456 | ₹5.36 L |
💡 TDS Rules on FD Interest (FY 2026–27)
TDS at 10% is deducted by the bank if annual FD interest exceeds ₹40,000 (₹50,000 for senior citizens). If your income is below the taxable limit, submit Form 15G (below 60 yrs) or Form 15H (60+ yrs) to the bank to avoid TDS deduction. TDS is not your final tax — you still need to declare FD interest in your ITR and pay the slab-rate difference.
📥 Download Your FD Report
Principal: ₹5,00,000 · Rate: 7.1% · Tenure: 1yr · Maturity: ₹5.36 L · Post-Tax: ₹5.26 L
4 sheets: FD Summary · Year-by-Year · Bank Comparison · Tax Impact · Free, no sign-up
Frequently Asked Questions — FD / RD Calculator
Common questions about Fixed Deposit and Recurring Deposit calculations for salaried professionals in India
What is the maturity amount for ₹5 lakh FD at 7% for 1 year?▾
For ₹5 lakh at 7% p.a. with quarterly compounding, the maturity is approximately ₹5,35,462. Interest earned is ₹35,462. At 30% tax slab, TDS of ₹10,639 applies, giving post-tax maturity of ₹5,24,823. Use the Calculator tab above with your exact bank rate for a precise figure.
Is FD interest taxable in India?▾
Yes. FD interest is fully taxable as "income from other sources" at your applicable income slab rate. TDS at 10% is deducted by the bank if annual FD interest exceeds ₹40,000 (₹50,000 for senior citizens). If your total income is below the taxable limit, submit Form 15G (under 60 yrs) or Form 15H (60+ yrs) to the bank to avoid TDS.
What is the real return on FD after inflation?▾
At 7% FD rate with 6% inflation, the real return is only about 0.94% p.a. After 30% tax, the post-tax real yield turns negative. This is why FDs alone cannot beat inflation for wealth creation — they work best as a safe, liquid, short-term component of your portfolio. Use the Real Returns tab to see your exact inflation-adjusted yield.
What is an FD ladder and why should I use it?▾
An FD ladder splits your corpus into multiple FDs of different tenures (3m, 6m, 9m, 12m) instead of one large FD. This ensures regular liquidity — one FD matures every few months — without premature withdrawal penalties. Use the FD Ladder tab above to compare ladder returns vs a single FD for your specific amount.
Which bank offers the best FD rate in India in 2026?▾
Small Finance Banks typically offer 8.5–9.5% p.a. for 1–2 year tenures — the highest in India. Post Office FD offers 7.5%, HDFC/ICICI/Axis offer 7.0–7.25%, and SBI offers 6.8–7.0%. However, Small Finance Banks carry higher credit risk. DICGC insurance covers up to ₹5 lakh per depositor per bank. Use the Bank Compare tab to see post-tax maturity across all banks.
Can I download the FD/RD calculation as Excel?▾
Yes — click "Download Excel Report" in the green bar above. You get a free 4-sheet Excel: (1) FD/RD Summary with pre-tax and post-tax results, (2) Year-by-Year interest accrual breakdown, (3) Bank Rate Comparison across 6 major banks, and (4) Tax Impact Report showing post-tax returns across all income slabs. No sign-up required.
Built by ProfitNifty
Personal finance platform for Indian salaried professionals · Smart Money for Every Indian Salary
⚠️ Disclaimer: This FD/RD calculator is provided for educational and informational purposes only. Actual maturity amounts may vary based on your bank's exact compounding method, processing terms, premature withdrawal penalties and TDS rules. Bank interest rates are indicative and subject to change without notice. ProfitNifty is not an RBI-registered banking entity or SEBI-registered financial advisor. Please verify rates directly with your bank before investing. Tax treatment is based on prevailing income tax rules (FY 2026–27) and may change with future budgets. | profitnifty.in · Smart Money for Every Indian Salary.