HDFC Fixed Deposit Calculator
The HDFC Bank Fixed Deposit Calculator is a user-friendly online tool that allows investors to calculate the potential returns on their fixed deposits. The calculator generates the expected maturity amount, including both principal and interest, by inputting the principal amount, investment tenure, and interest rate. This tool simplifies evaluating fixed deposit options, helping individuals make informed decisions based on their investment goals and timelines.
Benefits of HDFC Bank Fixed Deposit Calculator
-
No Cost Involved –
You can access and use the calculator online completely free of charge. You don’t need to sign up, pay fees, or visit a branch to calculate your Fixed Deposit maturity amount.
-
Time-Saving –
It instantly computes your potential earnings based on inputs like deposit amount, interest rate, and tenure—no manual calculations required.
- Helps You Estimate Returns in Advance – Before investing, you get a clear picture of how much you'll earn, allowing you to plan your finances better and compare different investment options .
How to Use Wishfin HDFC Bank Fixed Deposit Calculator?
Using the Wishfin HDFC Bank Fixed Deposit (FD) Calculator is a straightforward process that allows you to estimate your Fixed Deposit maturity amount and interest earnings with ease.
Steps to Use the Wishfin HDFC Fixed Deposit Calculator
Here's a step-by-step guide to use the calculator -
- Visit the Calculator Page - Navigate to the official Wishfin HDFC Fixed Deposit Calculator page: Wishfin HDFC Fixed Deposit Calculator.
- Enter Your Deposit Amount - Input the principal amount you intend to invest. This is the initial sum you plan to deposit in the Fixed Deposit.
- Select the Tenure - Choose the duration of your Fixed Deposit investment. HDFC Bank offers tenures ranging from 7 days to 10 years.
- Provide the Interest Rate – Enter the relevant annual rate as per the latest HDFC Bank FD interest rates. These rates can vary depending on the tenure and customer category (e.g., senior citizens may receive higher rates).
- Choose the Interest Type and Frequency - Select the type of interest computation—either Simple or Compound Interest. For Compound Interest, you can choose the compounding frequency (e.g., quarterly, half-yearly, annually).
- View the Results - After entering all the necessary details, the calculator will automatically compute and display:
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- Maturity Amount : The total amount you will receive at the end of the FD tenure.
- Total Interest Earned: The interest income generated over the investment period.
Formula for Calculating the HDFC Bank Fixed Deposit
For the Simple Interest Fixed Deposit Formula
Maturity Amount= P+(P×R×T)/100
- P = Principal amount (initial deposit)
- R = Annual rate of interest (%)
- T = Tenure (in years)
For Compound Interest FD (most common for HDFC Fixed Deposits):
Maturity Amount= P×(1+n×100R)n×T
Where:
- P = Principal amount
- R = Annual interest rate (%)
- T = Period in years
-
n
= Number of times interest is compounded per year
- Quarterly compounding: n = 4
- Half-yearly: n = 2
- Yearly: n = 1
HDFC Bank Fixed Deposit Interest Rate 2025
The HDFC Bank Fixed Deposit interest rate for 2025, make sure to go through them for general as well as senior citizens.
|
Tenor Bucket |
< 3 Crore |
|
|
Interest Rate (per annum) |
Senior Citizen Rates (per annum) |
|
|
7 - 14 days |
3.00% |
3.50% |
|
15 - 29 days |
3.00% |
3.50% |
|
30 - 45 days |
3.50% |
4.00% |
|
46 - 60 days |
4.50% |
5.00% |
|
61 - 89 days |
4.50% |
5.00% |
|
90 days < = 6 months |
4.50% |
5.00% |
|
6 months 1 day <= 9 months |
5.75% |
6.25% |
|
9 months 1 day to < 1 year |
6.00% |
6.50% |
|
1 year to < 15 months |
6.60% |
7.10% |
|
15 months to < 18 months |
7.05% |
7.55% |
|
18 months to < 21 months |
7.05% |
7.55% |
|
21 months - 2 years |
6.70% |
7.20% |
|
From 2 years and 1 day up to less than 2 years and 11 months. |
6.90% |
7.40% |
|
2 Years 11 Months - 35 Months |
6.90% |
7.40% |
|
2 Years 11 Months 1 day <= 3 Years |
6.90% |
7.40% |
|
From 3 years and 1 day to just under 4 years and 7 months. |
6.75% |
7.25% |
|
4 Years 7 Months - 55 months |
6.75% |
7.25% |
|
4 Years 7 Months 1 day <= 5 Years |
6.75% |
7.25% |
|
5 Years 1 day - 10 Years |
6.50% |
7.00% |
Frequently Asked Questions (FAQs)
