1. What is HDFC Bank FD Calculator?

The HDFC Bank Fixed Deposit Calculator helps you estimate returns on your fixed deposit investment using compound interest formula. It uses current HDFC FD interest rates (2025) to project your maturity amount.

2. How Does the Calculator Work?

The calculator uses the compound interest formula:

Where:

• \( P \) — Principal amount (INR)
• \( R \) — Monthly interest rate (Annual rate/12 as decimal)
• \( N \) — Number of compounding periods (months)
• \( A \) — Final amount (INR)

Explanation: The formula accounts for monthly compounding, where interest is added to principal each month, earning more interest in subsequent periods.

3. Importance of FD Calculation

Details: Accurate FD return calculation helps in financial planning, comparing investment options, and understanding how compounding grows your money over time.

4. Using the Calculator

Tips: Enter principal in INR, annual interest rate (2025 HDFC FD rates), and tenure in months. All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What are HDFC FD rates in 2025?
A: As of 2025, HDFC offers 7.20% for general public (1-2 year tenure). Senior citizens get additional 0.50%.

Q2: How is monthly compounding different?
A: Monthly compounding means interest is calculated each month and added to principal, resulting in higher returns than simple interest.

Q3: Are FD returns taxable?
A: Yes, interest from FDs is taxable as per your income tax slab. TDS is deducted if interest exceeds ₹40,000 (₹50,000 for seniors).

Q4: Can I break FD prematurely?
A: Yes, but penalty of 0.50-1% is charged on the interest rate for premature withdrawal.

Q5: Is HDFC FD safe?
A: Yes, HDFC Bank deposits are safe up to ₹5 lakh per depositor under DICGC insurance scheme.