Preserve your wealth with absolute certainty. Our 2026 FD engine calculates your guaranteed maturity down to the rupee using standardized banking logic.
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A Fixed Deposit (FD) is a financial instrument provided by banks or NBFCs which offers a higher rate of interest than a regular savings account, until a given maturity date. It is the gold standard for low-risk investment in India.
In 2026, many banks offer "Special Tenure" FDs (e.g., 444 days or 777 days) which often carry a higher interest rate than standard 1-year or 2-year buckets. Always check for these specific windows to maximize yield.
2026 Wealth Preservation Analysis
An FD is a secure investment where you deposit a lump sum for a fixed period at a fixed interest rate.
Standard bank FDs use quarterly compounding. The interest is added back to the principal every 3 months.
The minimum tenure for a bank FD can be as low as 7 days.
The maximum tenure is typically 10 years for most Indian banks.
Yes, it is added to your total income and taxed at your slab rate. TDS is deducted if interest exceeds ₹40,000 per year.
Yes, but it usually involves a penalty of 0.5% to 1% on the interest rate.
It is a 5-year lock-in FD that provides tax benefits under Section 80C.
FD requires a one-time lump sum, while RD involves fixed monthly contributions.
Yes, most banks offer an additional 0.50% interest rate to senior citizens.
In a cumulative FD, interest is compounded and paid only at the time of maturity.
Interest is paid out at regular intervals (monthly, quarterly, etc.) rather than at maturity.
Under DICGC, bank deposits are insured up to ₹5 Lakh per bank (principal + interest).
Yes, most banks offer loans or overdrafts up to 90% of the FD value.
No, once an FD is booked, the rate is locked for the entire tenure.
Yes, an FD can be opened for a minor with a parent or guardian as the signatory.
A facility that automatically transfers surplus funds from your savings account to an FD.
Yes, through NRE, NRO, or FCNR accounts.
Yes. HQCalc by Shivam Sagar uses the standard quarterly compounding formula approved by the IBA.
Divide 72 by the FD rate to find approximately how many years it takes to double your money.
Yes. All professional investment tools on HQCalc are free to use.
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