FD Fixed Deposit Calculator

Yes, we offer a preferential rate of interest on Fixed Deposits for Senior Citizens. To be eligible for  senior citizen interest rates, you need only register by calling any Branch with proof of your Date of Birth. Once registered, you are also eligible for preferential interest rates on Fixed Deposits opened through NetBanking.

Click here to Interest Rates on Fixed Deposits.

The Fixed Deposit will be booked in the same combination/ order of names as the existing Current/Savings Account, from which the funds are being transferred.

An FD interest calculator uses the formula: Maturity Amount= P (1+ r/n) ^ nt

Where,

• P is principal, 

• r is the interest rate, 

• t is tenure (in years)

• n is the number of times interest is compounded per time period 

In case you are not registered for the NetBanking facility, we request you to visit the following URL. Click here for how to register:

Customers can now update PAN details through net NetBanking if they are registered for the same or by submitting the request along with a copy of the PAN at the nearest branch.

For more details on the outstation cheque collection policy, click here. For other queries, Contact Us.

You can book Fixed Deposits through NetBanking provided:

• You have registered for the facility with the necessary online financial transaction rights

• Your PAN number is updated under your Customer Identification Number in the bank's records

The following are the steps required to book your Fixed Deposit online:

• Access your NetBanking account with your Customer ID and IPIN (NetBanking Password)

• Select the "Open New Fixed Deposit" option under the Fixed Deposit menu from the Menu bar located on the left-hand side of the web page.

• Select the desired values from the Drop-down lists.

• Once complete, click on "Continue" and "Confirm" the details entered

A new web page confirming the Fixed Deposit booking will be displayed. Physical advice will not be sent for Fixed Deposits booked through Net Banking. An electronic mail advice will be sent to you on your registered e-mail ID within 2 working days. The password for your Fixed Deposit Advice will be your Customer ID.

If you wish to check your Fixed Deposit holdings at any point, you can view them on the Fixed Deposit summary page on Net banking. If you want physical advice, you can walk into your nearest HDFC Bank branch.

An FD rate calculator helps you estimate the maturity amount, compare different deposit options, and plan your savings effectively by considering deposit amount, interest rate, and tenure for optimal financial decisions.

As per the Terms & Conditions of Fixed Deposit Accounts of the bank, the penalty for premature closure of Fixed Deposits, including sweep-in and partial closures, has been fixed by the bank at the rate of 1% of the Fixed Deposit interest rate. This is applicable with effect from 24th January 2011.

When your Fixed Deposit is booked with the quarterly/monthly interest payout option, the maturity amount is the same as the principal amount. The interest amount will be credited to your account at quarterly/monthly intervals.

To use a bank FD calculator, enter the deposit amount, interest rate, tenure, and compounding frequency. The calculator then provides the estimated maturity amount and interest earned based on these inputs.