FD & Savings Calculator
What your fixed deposit actually pays after withholding tax, monthly income or at maturity.
Net salary with 8% employee EPF, 12% employer EPF, 3% ETF and downloadable payslip.
Vehicle lease installments and loan EMI, flat vs reducing rate comparison.
Home loan EMI, private bank (reducing) vs state bank (equal capital).
Questions
Banks deduct WHT from your interest before paying you, it's an advance on your income tax, not an extra tax. Since April 2025 the standard rate is 10% (up from 5%). Enter the rate your bank applies to see your true take-home.
If you're a resident individual whose assessable income is Rs. 1.8 million or less for the year, you can give your bank a self-declaration and they'll pay your interest in full without deducting WHT. Ask your bank for their declaration form.
At maturity with compounding earns slightly more, because each month's interest starts earning interest. Monthly payout gives you cash flow instead. The difference on a 12-month FD is small; pick based on whether you need the income.
No. It's arithmetic on the numbers you enter. Rates change between banks and over time, so confirm the current rate and WHT with your bank before committing.
100% free · No sign-up · Works offline · Private by design