Free FD Calculator & RD Calculator - Calculate Fixed Deposit Maturity & Recurring Deposit Interest 2025

In today's volatile economic landscape, secure investment options like Fixed Deposits (FD) and Recurring Deposits (RD) remain popular among Indian investors. Whether you're planning for a short-term goal or long-term savings, using an accurate FD calculator or RD calculator can help you estimate returns effortlessly. Our free tools allow you to compute fixed deposit maturity and recurring deposit calculator results in real-time, incorporating the latest bank FD rates for 2025. This guide, updated for September 2025, covers everything from calculation methods to tax implications, helping beginners make informed decisions.

What is a Fixed Deposit (FD)?

A Fixed Deposit is a low-risk investment where you deposit a lump sum with a bank for a fixed tenure at a predetermined interest rate. It's ideal for those seeking guaranteed returns without market fluctuations. With our FD calculator, you can input principal, rate, tenure, and compounding frequency to get instant fixed deposit maturity amounts.

What is a Recurring Deposit (RD)?

A Recurring Deposit encourages disciplined saving by allowing monthly deposits of a fixed amount over a chosen period. Interest is compounded, leading to substantial growth. Use our RD calculator to project maturity based on monthly installments, annual rate, and tenure—perfect for salaried individuals building a corpus gradually.

How to Use Our FD Calculator and RD Calculator

Our mobile-friendly tools are designed for ease. For the FD calculator, enter your principal amount, annual interest rate (%), tenure (in years or months), and compounding frequency (yearly, quarterly, or monthly). The RD calculator requires monthly deposit, rate, and tenure. Results update instantly, showing maturity amount and total interest earned, complete with a pie chart for visual insights. No downloads needed—just plug in the numbers!

Latest Bank FD Rates 2025

Bank FD rates vary by tenure and depositor type. Below is a summary table for top banks as of September 2025. Use the filter feature to sort by minimum rate or tenure for personalized views.

Latest Bank RD Rates 2025

Recurring deposit rates are often aligned with FD but compounded differently. Here's the 2025 overview for key banks.

How FD Interest is Calculated

Fixed deposit interest is computed using compound interest, which means earnings on both principal and accumulated interest. The formula is:

\[ A = P \left(1 + \frac{r}{n}\right)^{nt} \]

Where:

• A = Maturity amount
• P = Principal amount
• r = Annual interest rate (decimal)
• n = Compounding frequency per year
• t = Tenure in years

In plain English: Your money grows by adding interest periodically, and future interest is calculated on the new total. For example, ₹1,00,000 at 6% yearly compounded quarterly for 5 years yields about ₹1,34,685.

How RD Interest is Calculated

RD calculation treats each monthly deposit as a separate FD, but simplified via the annuity formula:

\[ M = P \times \frac{\left( (1 + i)^n - 1 \right)}{i} \]

Where:

• M = Maturity amount
• P = Monthly deposit
• i = Monthly interest rate (r/12)
• n = Number of months

Simply put: Each installment earns interest from its deposit date, compounding quarterly in most cases. For ₹5,000 monthly at 7% for 3 years, maturity could be around ₹2,00,000, including interest.

Advantages of Using FD and RD

FD and RD offer stability in uncertain times. Key benefits include guaranteed returns (up to 7%+ in 2025), capital protection via DICGC insurance (up to ₹5 lakh), flexible tenures from months to years, and higher rates for seniors. They're beginner-friendly, requiring no market knowledge, and promote financial discipline—especially RD for regular savers.

Tips for Investors in 2025

Compare bank FD rates using our tables and calculator. Ladder investments across tenures to manage liquidity and rates. Opt for cumulative FDs for growth or non-cumulative for income. For RD, start small to build habits. Always check for premature withdrawal penalties (0.5-1% rate reduction). In 2025, with inflation around 4-5%, aim for rates above that for real returns.

Tax and TDS on FD/RD Interest

Interest from FD and RD is taxable under 'Income from Other Sources' per your slab (up to 30%). Banks deduct TDS if interest exceeds ₹40,000 annually (₹50,000 for seniors). Submit Form 15G/H if your income is below taxable limits to avoid TDS. Tax-saving FDs under Section 80C offer deductions up to ₹1.5 lakh but with 5-year lock-in.

FAQs

Whether you're using our FD calculator to plan fixed deposit maturity or the RD calculator for recurring savings, these tools empower smart decisions. Start calculating today and secure your financial future in 2025!