18602677777
Reach Us
Vehicle Auction
Rates
FD Interest Rates Calculator

Fixed Deposit Calculator

  • Calculate the maturity amount and the interest you will get on a fixed deposit.

  1. Personal
  2. Calculators & Tools
  3. Fixed Deposit Calculator

Calculate Returns on Your Fixed Deposit with Ease

Fixed Deposits (FDs) have long been a favoured choice for investors seeking stability and assured returns on their savings. With IndusInd Bank’s Fixed Deposit Calculator, you can easily estimate your returns before making an investment. Whether you're planning a short-term goal or long-term savings, our calculator gives you a quick snapshot of how your money can grow based on your inputs, like amount, tenure, interest type, and payout frequency. Just plug in your numbers and get instant results with no need for complex formulas or manual calculations.

I would like to invest for year/s and month/s with a re-investment option and earn an interest rate 7.75%

Calculate Now

*T&C apply, Term Deposits Terms & Conditions

*This is an estimated maturity amount.
*Only for resident individual customers
*Please ensure pop up is enabled on the browser before proceeding

View Interest Rates
These Calculations may vary from actual figures.

Features & Benefits of IndusInd Bank FD Calculator

Planning your investment should be simple, and that's exactly what the IndusInd Bank FD Calculator is designed for. Whether you're a first-time investor or someone fine-tuning a portfolio, here's how our tool makes FD planning smarter and easier: 

1. Simple & Easy to Use

No guesswork, no confusion. Just enter a few details and get instant clarity. The calculator is built for everyone.

2. Accurate Results, Every Time

With every calculation, you’ll get a clear picture of your potential earnings based on amount, tenure, and interest rate.

3. Customise to Your Needs

Change the inputs. Try different tenures. Adjust the interest rate. You can explore multiple scenarios to see what works best.

4. Quick, Real-Time Outputs 

See your estimated maturity amount and interest earnings in seconds. No formulas or spreadsheets required.

5. Access It Anywhere

Whether you're at home, at work or travelling, the Fixed Deposit Calculator is available online 24/7. It’s ready whenever you are.

How to Use the Fixed Deposit Calculator?

Using the IndusInd Bank’s FD returns calculator is simple and quick. It helps you plan your investment and estimate your returns in just a few steps: 

Step 1. Choose the Customer Category:

Select whether you're a regular customer or a senior citizen. 

Step 2. Pick the FD Type:

Choose between cumulative, monthly, or quarterly payout options.  

Step 3. Enter the Deposit Amount:

Start by entering the amount you wish to invest. 

Step 4. Select the Tenure:

Use the dropdown to set your preferred investment duration. 

Once you have filled these fields, you will be able to see maturity details on the right side. Details include the applicable interest rate, investment amount, the interest you will earn and the total amount (principal + interest) you will receive, and the maturity date on which you will receive it. 

Step 5. Click on ‘Invest Now’:

Instantly open your FD with IndusInd Bank with just a few clicks. 

The calculator helps you compare different FD options so you can make informed decisions based on your financial goals.

Formula used in FD Calculator

The calculator uses the standard compound interest formula for cumulative FDs:

For simple interest FD:

M = P + (P x R x T/100), where –

M = Maturity amount

P = Principal amount that you deposit

R = Rate of interest per annum

T = Tenure in years

For compound interest FD:

M= P + P {(1 + I/100) t – 1},

Where:

P = principal amount

I = rate of interest per period

t = tenure

Ready to open your Fixed Deposit?

Now that you’ve understood how returns are calculated, why not take the next step?

With IndusInd Bank’s Fixed Deposits, your money doesn’t just stay safe—it grows with some of the most competitive interest rates in the industry. 

Whether you're planning short-term or long-term, our 100% digital booking process makes it easy to invest anytime, from anywhere. No paperwork. No branch visits. And yes, even if you're not an IndusInd Bank customer, you can open an FD in just a few clicks.

Let your money work harder while you sit back and plan your next move.

Fixed Deposit Options for Different Customer Types

Fixed Deposits aren’t one-size-fits-all, and at IndusInd Bank, they don’t have to be. Whether you're a young professional looking to grow your savings or a retiree seeking steady income, we’ve got tailored FD options to suit your needs.

Fixed Deposits for Regular Customers

Choose from flexible tenures starting at just 7 days and going up to 10 years. Our FDs offer reliable returns and the peace of mind that comes with a secure investment. You can also pick a payout option that fits your financial goals, be it cumulative or periodic.

Fixed Deposits for Senior Citizens 

If you’re a senior citizen, your money works a little harder here. With higher interest rates than standard FDs, this is an ideal option for creating a predictable income stream in your golden years, without compromising on safety.

Types of Fixed Deposit Investment Plans

Choose from a variety of FD types depending on your income needs and financial goals.

Reinvestment (Cumulative) FD

Interest is compounded quarterly and paid at maturity, helping you build wealth over time.

Quarterly Payout FD 

Ideal for those looking for a regular income. Interest is credited to your account every quarter.

Monthly Payout FD

Perfect for supplementing monthly expenses. Interest is disbursed every month, slightly adjusted for frequency.

Short-Term Deposit FD 

Ranging from 7 days to under 6 months, this option is great for parking surplus funds while earning fixed returns.

What is Maturity Date & Maturity Amount in FD?

The maturity date is when your FD term ends, and you receive your invested amount along with the earned interest.

The maturity amount is the total sum you receive at the end of the FD tenure. It includes your initial deposit (principle) plus the interest earned during the investment period. This amount varies based on the interest rate, compounding frequency, and payout frequency.

How Interest is Paid: Monthly vs. Quarterly

Monthly payouts offer liquidity but with slightly lower returns compared to quarterly payouts. Cumulative FDs, on the other hand, pay a lump sum at the end of tenure. 

Limits on FD Investment Amounts and Tenures

Minimum deposit: ₹1,000 (may vary by branch or channel)

Maximum tenure: Up to 10 years

Short-term FDs: The tenure usually ranges between 7 and 180 days 

Understanding these aspects helps you choose the most suitable FD option for your needs.

How FD Calculation Works for Residents and NRIs

FD interest is calculated based on the principal amount, tenure, and applicable interest rate.

Residents

Residents can invest in Regular or Senior Citizen FDs, with tax-saving options also available under Section 80C (for those who choose the Old Tax Regime). Interest is taxable as per your income slab.

NRIs 

Non-Resident Indians can invest in Non-Resident External (NRE) and Non-Resident Ordinary (NRO) FDs:

NRE FD: Tax-free in India, principal and interest are fully repatriable.

NRO FD: Interest is taxable in India, suitable for income earned in India.

FD Calculator FAQs

  • What is Fixed Deposit?

    A Fixed Deposit (FD) is a financial instrument offered by banks and non-banking financial companies, allowing investors to invest their funds for a fixed time and earn returns at a fixed interest rate. The interest rate remains unaffected by market fluctuations and assures guaranteed returns on maturity.

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

    A Fixed Deposit (FD) calculator can be used to determine the interest and the amount you will get at the time of maturity. Using the fixed deposit calculator is a simple process. You need to enter your investment amount and the required tenure of FD in years and months. The applicable interest rate, interest amount, maturity amount, and maturity date will be displayed to the customer.

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

    You can use the FD calculator to calculate the amount you will get upon maturity of the fixed deposit. You need to enter your investment amount and the required tenure of FD in years and months. The applicable interest rate, interest amount, maturity amount, and maturity date will be displayed to the customer.

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

    The interest rate on a fixed deposit is calculated based on the tenure and prevailing interest rate applicable at the time of opening the fixed deposit. The interest rate and the subsequent interest amount varies basis tenure There are two methods to calculate interest on a fixed deposit – Simple Interest (SI) and Compound Interest (CI).

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

    IndusInd Bank Fixed Deposit (FD) interest calculator is a tool to help customers determine the interest they would earn based on the investment amount, tenure and prevailing interest rate.

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

    The interest rates applicable on IndusInd Bank Fixed Deposit for senior citizens can be seen here.

  • How does IndusInd Online Fixed Deposit work?

    IndusInd Online Fixed Deposit can be opened instantly. Just follow the below 3 simple steps:
    Step 1 – Visit www.IndusInd.com and fill up the online application.
    Step 2 – Check the suitable Fixed Deposit type and authenticate your-self
    Step 3 – Complete the application and transfer fund online for deposit creation

    Your online fixed deposit will be created and you will receive a copy of the deposit details.

  • What are the ways of funding an Online Fixed Deposit account? When will the money get credited to my fixed deposit account?

    To open online fixed deposit account, you can pull funds from other bank accounts via Netbanking, UPI and debit card. If you are an existing account holder in IndusInd Bank, you use net banking to book an online fixed deposit.

  • Do I need to be an IndusInd Bank account holder to open Fixed Deposit?

    To open fixed deposit, one doesn’t need to be an IndusInd Bank account holder. The fixed deposit facility is available to both customers and non-customers of the bank. If you are a non-customer, you need to submit soft copies of Aadhaar number and PAN card to open fixed deposit in the bank.

  • Do I need to provide any documents for IndusInd Fixed Deposit?

    If you are an existing customer of IndusInd Bank, there’s no need to provide any documents to open a fixed deposit account. For new customers, it is mandatory to validate themselves with Aadhaar number, OTP and PAN details. The entire process is online and you don’t need to deposit any hard copy of the validating proofs.

  • Can Online Fixed Deposit account be opened in the name of a Minor?

    No, an online fixed deposit cannot be opened by a minor. However, as per RBI, a fixed deposit can be opened by a minor of any age through their natural or lawfully appointed guardian.  

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

    IndusInd Bank provides a tool to help investors calculate the return on investment when they invest in a fixed deposit. The FD interest calculator provided by IndusInd Bank will help depositors calculate the returns on their investment based on the amount, tenure and prevailing interest rate.

  • Who are eligible to open IndusInd Online Fixed Deposit account?

    To open an online fixed deposit with IndusInd Bank, you need to meet the following criteria:
    •    Should be a citizen of India
    •    Should be more than 18 years
    •    Should have a valid KYC documents such as PAN and Aadhar

  • Is this facility available for existing customers?

    Yes, the online fixed deposit account is available for existing customers. In fact, customers already having an account can easily open an online fixed deposit using their internet banking or mobile banking app.

  • How can I redeem/withdraw the fixed deposits opened online?

     Customers can redeem/withdraw their fixed deposit either online or offline. To withdraw the fixed deposit amount offline, customers need to visit the nearest IndusInd Bank branch. However, existing customers who opened an online fixed deposit account with IndusInd Bank can also withdraw the amount using IndusNet or IndusMobile Application.

  • What are the documents required for Fixed Deposit?

     If you are an existing customer, you don’t need to furnish any documents to open a fixed deposit. However, if you don’t have an account, you will need to validate yourself. The validation process includes providing your Aadhaar number, PAN card details and an OTP that will be sent to your registered mobile number during the validation process. As this is an online fixed deposit account, you don’t need to provide FD documents.

  • How to calculate FD maturity amount?

    To calculate the FD maturity amount, you can simply use our fixed deposit calculator; input the principal amount and the tenure, and the calculator will instantly generate the estimated maturity amount.

  • What is IndusInd Bank’s fixed deposit interest rate?

    Fixed Deposit interest rates of IndusInd Bank range from 3% p.a. to 7.75% p.a. The exact interest rate you receive depends on the tenure of your FD and prevailing market conditions. 

  • What is the minimum amount and tenure to start a fixed deposit?

    The minimum amount required to start a Fixed Deposit can vary depending on the chosen bank’s policies. Generally, banks have a minimum deposit requirement, which can range from as low as ₹1,000 to ₹10,000 or more.

  • How is fixed deposit interest calculated?

    Essentially, the interest is calculated on the initial principal amount using compound interest formulas and then added to the principal at the end of each compounding period.

  • Why choose IndusInd Bank for fixed deposit?

    Choose IndusInd Bank for an FD for its competitive interest rates and flexible tenure options. With a range of features and benefits, IndusInd Bank also ensures transparency and convenience in your investment journey with its user-friendly Fixed Deposit Calculator.

Recommended Blogs for you

Understanding Premature Withdrawals from Fixed Deposits

FDs come in various tenures ranging from 7 days to 10 years and you can lock in your FD for a specific period of your choosing. You might decide to break some fixed deposits to get the necessary funds. This is called the premature withdrawal of a fixed deposit and has certain consequences.

Read More

How To Calculate Fixed Deposit Interest Rates

If you want to understand how the maturity amounts based on fixed deposit interest rates are calculated, then this blog is for you. In this blog, we will learn about the FD interest calculator and how it makes it easier to calculate the maturity amount

Read More

Different Types of Fixed Deposits

Many seek a safe yet growth-oriented option for their savings. For those, Fixed Deposits (FDs) offer stable returns without market volatility. This blog explores different types of FDs and why FDs are a smart choice for those prioritising security and growth.

Read More

6 Factors to Consider While Choosing a Fixed Deposit

The world of fixed deposits is diverse, and understanding the nuances is crucial to optimise your investment strategy. In this blog, we delve into the six key factors you should consider when choosing a fixed deposit to ensure your financial goals align with this investment vehicle.

Read More

Guide to FD Premature Withdrawal & Its Impact on Returns

Sometimes, because of unforeseen circumstances or urgent financial needs, you may need to withdraw your FD amount before the maturity date. This is known as premature withdrawal. However, withdrawing an FD often comes with penalties, which can significantly impact your returns.

Read More

Understanding the Maturity Process of Fixed Deposits

The FD maturity process allows investors to renew the FD, withdraw the entire amount, or transfer it to another investment option. Invest in IndusInd Bank Fixed Deposit for a secure financial future!

Read More

FD Rate FD Rate
FD Rate
Regular Fixed Deposit

up to 7.75% interest p.a

Senior Citizen

up to 8.25% interest p.a

BOOK FD
Apply Now
Apply Now
Apply Now