savings
Fixed Deposit Calculator

Fixed Deposit (FD) Calculator

Earn more on your investment

Use this calculator to work out the annualized interest rate on your investment, or to help you decide how much to invest, or to work how much money your investment could earn for you.

Note:-

Resident customers:

  • TDS will be applicable on the interest earned as per the prevailing rate.
  • Rates are subject to change from time to time. For interest rate, please Click here .
  • Minimum deposit amount should be ₹ 10,000 and maximum ₹ 99,99,999
  • Tenure of Deposit are as follows:
    • Cumulative :Minimum - 6 months, Maximum -10 years
    • Quarterly Interest Payout : Minimum - 6 months, Maximum -10 years
    • Monthly Interest Payout : Minimum - 3 months, Maximum -10 years
    • Short term deposit : Minimum 7 days, Maximum 91 days
  • For additional terms and conditions please Click here
  • The Rates auto populated are for Resident deposits < 1Cr

NRI customers:

  • The calculator provides indicative rates of the maturity value and is applicable only to NRE and NRO term deposits with premature withdrawal facility. The calculator cannot be used for calculating the maturity value for FCNR deposits. For details on interest rates on FCNR (B) deposits, please Click here
  • The calculator will provide the maturity for deposits of value up to ₹ 99,99,999. For interest of deposits of ₹ 1 crore and above, please Click here
  • Senior citizen rates are not applicable to NRE and NRO deposits
  • For NRO Fixed Deposits, the maturity amount indicated is subject to TDS as applicable from time to time.
  • Rates are subject to change from time to time. For interest rate, please Click here
  • Minimum deposit amount should be ₹ 25,000
  • Tenure of Deposit are as follows:
    • NRE FD: Minimum - 1 Year, Maximum -10 years
    • NRO FD: Minimum 7 days, Maximum -10 years
  • For additional terms and conditions please Click here

 

Disclaimer


The data generated herein is completely and solely based on the information/details provided by you in response to the questions specified by ICICI Bank Limited ("ICICI Bank"). These questions and the calculations thereon resulting in specific data are developed and based on certain tools and calculators that are made available to ICICI Bank and are based on pre-determined presumptions/assumptions. ICICI Bank, while providing and developing these tools, has relied upon and assumed, without independent verification, the accuracy and completeness of all information made available to it from public / private sources and vendors or which has otherwise been reviewed by ICICI Bank.

Such information and the resultant data is provided only for user's convenience and information purposes. ICICI Bank does not guarantee accuracy, completeness or correct sequence of any the details provided therein and therefore no reliance should be placed by the user for any purpose whatsoever on the information contained / data generated herein or on its completeness / accuracy. The use of any information set out is entirely at the User's own risk. User should exercise due care and caution (including if necessary, obtaining of advise of tax/ legal/ accounting/ financial/ other professionals) prior to taking of any decision, acting or omitting to act, on the basis of the information contained / data generated herein. ICICI Bank does not undertake any liability or responsibility to update any data. No claim (whether in contract, tort (including negligence) or otherwise) shall arise out of or in connection with the services against ICICI Bank. Neither ICICI Bank nor any of its agents or licensors or group companies shall be liable to user/ any third party, for any direct, indirect, incidental, special or consequential loss or damages (including, without limitation for loss of profit, business opportunity or loss of goodwill) whatsoever, whether in contract, tort, misrepresentation or otherwise arising from the use of these tools/ information contained / data generated herein.

Nothing contained herein shall amount to an offer, invitation, advertisement, promotion or sponsor of any product or services of ICICI Bank/third party and is not intended to create any rights or obligations. The use of this information is subject to the terms and conditions governing such products, services and offers as referred herein above and specified by ICICI Bank/third party from time to time and applicable laws .The information contained / data generated herein may be subject to change, updation, revision, verification and amendment without notice and such information/data generated may change materially. User cannot distribute, modify, transmit, reuse, report, or use the contents available for public or commercial purposes, including the text without ICICI Bank's written permission. The information and/ or intellectual property contained herein is strictly confidential, meant solely for the selected recipient, and may not be altered in any way, nor transmitted copied or distributed in part or in whole to any other person or to the media, or reproduced in any form without prior written consent of ICICI Bank or the relevant owner of the intellectual property as the case may be. "ICICI Bank" and "I-man" logos are the trademark and property of ICICI Bank Limited.

Frequently Asked Questions (FAQs)

• How do we use the Fixed Deposit (FD) Calculator?


You can use the FD Calculator to calculate interest and maturity amount on the Fixed Deposit as follows:

  • You can select the Customer Type i.e. Normal or Senior Citizen Customer
  • Select the type of Fixed Deposit i.e. Cumulative or Interest Payout (Quarterly/Monthly) or Short Term FD
  • The date of FD will be defaulted as the current date
  • Enter the amount of FD
  • Select the format of entering the tenure of FD i.e. in combination of Years/Months/Days or in Days only
    • Enter the preferred tenure according to the format chosen
  • The applicable interest rate, interest amount, maturity date and maturity amount are displayed to the customer.

• How to calculate Fixed Deposit (FD) maturity amount?


Fixed Deposit maturity amount can be calculated using the FD Calculator in a simple manner using the below steps:

  • Customer will have to select the Customer Type i.e. Normal or Senior Citizen
  • Select the type of Fixed Deposit i.e. Cumulative or Interest Payout (Quarterly/Monthly) or Short Term FD
  • Enter the amount of FD
  • Enter the required tenure of FD i.e. in combination of Years/Months/Days or in Days only
  • The applicable interest rate, interest amount, maturity date and maturity amount are displayed to the customer.

• How is the interest on Fixed Deposit (FD) calculated?


Interest on Fixed Deposit is calculated on the basis of the tenure of FD and the prevailing interest rate applicable at the time of opening the FD. Interest is calculated as follows:

  • Cumulative FD: Interest is calculated for the quarter and compounded/reinvested to the principal amount. Interest for the next quarter is calculated on the accumulative amount.
  • Traditional FD with Quarterly interest payout option: Simple interest is calculated and paid at the end of each quarter
  • Traditional FD with Monthly interest payout option: Interest is paid at the discounted value and at the end of each month
  • Short Term FD: Interest is calculated on simple interest basis.

• What is ICICI Bank Fixed Deposit (FD) interest calculator?


ICICI Bank FD Interest Calculator is a simple tool to help customers determine the interest amount they would earn on their investment in deposits basis the amount, tenure and prevailing interest rate. This can help in the calculation of the returns on their investments.

• What is the interest rate on Fixed Deposit (FD) for senior citizens?


Senior citizens are eligible for an additional rate of 0.50% over and above the general interest rate for tenure buckets of 7 days to 5 years and an additional rate of 0.80% over and above the general in 5 years 1 day to 10 years. Click here for the current interest rates offered for senior citizens.

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