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HDFC BANK FD Calculator

Total interest
Deposit amount
Maturiity amount

How Can HDFC FD Calculator Help You?

An FD calculator helps determine how much an investment tool such as an FD will fetch after maturity. The HDFC FD interest calculator helps you in the following ways:

  • Time-saving: As a financial tool, it saves you time and resources for calculating returns on investment.
  • Easy assessment: The HDFC FD calculator will help you assess the date of maturity and the total amount.
  • Seamless functioning: You can calculate returns based on time and also on the nature of FD, i.e., short-term, reinvestment and payout.

How Does The HDFC Bank FD Calculator Work?

Using an HDFC Bank FD calculator is quite easy. You can calculate the estimated maturity amount in four simple steps:

  • Input the ‘Total Investment’ box with the amount you wish to invest in HDFC FD.
  • Select the investment tenure by dragging the cursor across under the ‘Number of years’ box.
  • Enter the interest rate according to the chosen tenure.
  • The results will be displayed on the page.

Your ‘Invested Amount’, ‘Estimated Return’, and ‘Total Value’ will be shown depending on your provided inputs.

How To Use HDFC Fixed Deposit Calculator?

Using an HDFC FD calculator is simple; you have an estimated maturity amount displayed in a few seconds. Here’s how you can calculate your FD maturity amount using the HDFC FD calculator:

Step 1: Enter your deposit amount into the calculator.

Step 2: Choose an interest rate and tenor.

Step 3: Click on ‘Calculate’ and find your maturity amount along with estimated interest returns displayed on your screen.

Formula To Determine HDFC FD Returns

The  HDFC FD online calculation process is hassle-free, as you are not required to solve complicated formulas. This online tool calculates FD returns using the same complex procedure seamlessly.

The formulas used to calculate the HDFC Bank fixed deposit interest rate is as follows: A = P (1 + r/n) ^ n x t

In which,

P= the invested amount

r= the annual interest rate

n= the frequency of compounding FD interest

A= the amount you receive on FD maturity


Let’s assume that you invest Rs 1,00,000 in HDFC fixed deposit for a tenure of two years at an interest rate of 7.30%. The maturity amount, when calculated using the interest formula, will be:

A = 1,00,000 (1 + 7.30%/1) ^ 1 x 2

Therefore, the maturity amount is Rs 1,15,567.

It is important to note that to calculate the interest rates accurately, ensure that you enter the accurate inputs in the proper fields.

HDFC Domestic Term Deposit Rates: (Below Rs.2 crore)


Interest Rate for 

Regular citizens

 (% per annum)

Interest Rate for 

Senior citizens 

(% per annum)

7 - 14 days



15 - 29 days



30 - 45 days



46 – 60 days



61 – 89 days



90 days – 6 months



6 months 1 day – 9 months



9 months 1 day – less than 1 year



1 year – less than 15 months



15 months – less than 18 months



18 months – less than 21 months



21 months  – 2 years



2 years 1 day – less than 2 years 11 months



2 years 11 months (Special Edition FD – 35 months)



2 years 11 months 1 day – 3 years



3 years 1 day – less than 4 years 7 months



4 years 7 months – 55 months



4 years 7 months 1 day – 5 years



5 years 1 day – 10 years



Note:  *Extra 0.25% above the existing interest rates is under the Senior Citizens Care FD for senior citizens.

All interest rates shown above are as on October 1, 2023

Benefits of the HDFC FD Calculator

An HDFC FD Calculator will aid investors in estimating the maturity amount from the investment and enable them to make a well-informed decision. A few of the benefits of using the HDFC FD Calculator include:

Easy to operate: The HDFC FD calculator is a simple tool where an investor just has to enter the relevant inputs, and it displays the output. Also, the HDFC FD calculator has sliders to adjust the tenure and interest rate, making it quite flexible to use in multiple scenarios.

Free to use: The online HDFC FD calculator is free to use at the investor's convenience.

Comparing results:  Investors can use the HDFC deposit calculator for comparing results by making changes in the interest rate or tenure to see which scenario will be useful for them to reach their goals. They can also compare the the HDFC FD calculator results with the other investments and see which investment provides higher returns.

Other Banks FD Calculators:
1. Fixed Deposit (FD) Calculator
2. SBI FD Calculator
3. ICICI Bank FD Calculator
4. Axis Bank FD Calculator
5. Punjab Bank FD Calculator
6. Kotak Bank FD Calculator
7. Canara Bank FD Calculator

Frequently Asked Questions

What is the interest of Rs 1 lakh FD in HDFC?

The HDFC Bank FD rates for a deposit of Rs 1 lakh range from 3.00%  to 7.20% per annum, depending on the tenor chosen. In addition, senior citizens also get an additional rate of 0.50% on the same.

What is HDFC 7.75 interest rate?

On Senior Citizen Care FD of 5 years 1 day to 10 years, HDFC Bank is offering an interest rate of 7.75%, which is 75 basis points (bps) higher than the standard rate of 7%.

What is the highest HDFC FD rate in 2024?

The highest HDFC Bank FD rate on offer for general citizens is 7.20% per annum on a tenor of 4 years 7 months – 55 months. For senior citizens, the maximum HDFC Bank FD rate on offer is 7.75% on tenors ranging from 5 years and 1 day to 10 years.

What is SBI vs HDFC rates?

SBI offers an interest rate between 3%-7.10%, while HDFC Bank provides an interest rate between 3%-7.20% for general citizens. Similarly, in the case of senior citizens, SBI provides a rate of interest of 7.60%, while HDFC Bank provides anywhere in the range of 3.50% to 7.75%.

What factors does an HDFC FD calculator consider?

The factors that an HDFC FD calculator considers include deposit amount, rate of Interest, tenor and type of FD.

How does an HDFC FD calculator estimate interest earned?

HDFC Fixed Deposit calculator works by using a formula to estimate the maturity amount based on the information an investor enters. You are required to enter the principal amount, interest rate, and tenure, and the calculator will produce the result instantly. 

What are some limitations of HDFC FD calculators?

A few of the limitations that you need to keep in mind while using the HDFC FD calculator include:

  • The maturity amount calculated is an indicative amount as it is subject to tax deducted at source (TDS)
  • The projected amount will vary in case you initiate premature withdrawals
What should I do if I have more questions about HDFC FD calculators?

In such a scenario, reach out to the customer care department of HDFC Bank.

What are some examples of how to use an HDFC FD calculator?

The step-wise process that you need to follow in case you want to use the HDFC FD calculator for financial planning is as follows:

Step 1: Enter the investment amount. Enter the initial investment amount you desire to deposit in your HDFC FD account. 

Step 2: Enter tenure of investment. After selecting a type of HDFC FD scheme, key in the tenure in terms of months or days for your investment. You can also use the slide bar to input the tenure details. The minimum tenure for short-term deposits starts from seven days, while the minimum tenure for other types of deposits is six months.

Step 3: Enter the rate of interest. Use the slide bar or just enter the rate of interest HDFC Bank offers.  

After entering all the relevant details, the HDFC Bank FD calculator will automatically calculate and display the total investment amount, interest income and total returns on the right-hand side. 

Will I have to pay a penalty in case my FD account is closed early?

Yes, HDFC Bank levies a 1% penalty if you opt for premature closure.

Does HDFC Bank provide an additional interest rate for senior citizens?

Yes, HDFC Bank does provide an additional interest rate for senior citizens.

Is it possible to open an FD account via net banking?

Yes, it is possible for you to open an FD account by using the net banking facility.

Can I update the PAN details in my FD account by using the net banking facility?

Yes, it is possible for you to update the Permanent Account Number (PAN) details in the FD account via net banking facility.

What is the process of opening an FD account using the net banking facility?

The process of opening an FD account is as follows:

  • Log in to your net banking account
  • Click on 'Accounts'
  • Select 'Transact’
  • Click on Open Fixed Deposit’ to complete the process

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