1. What is the HDFC FD Calculator?

The HDFC Bank FD Calculator 2025 helps you estimate the maturity amount of your fixed deposit investment using the compound interest formula. It uses current HDFC Bank interest rates for 2025 to provide accurate projections.

2. How Does the Calculator Work?

The calculator uses the compound interest formula:

Where:

• \( P \) — Principal amount (initial investment)
• \( R \) — Monthly interest rate (annual rate divided by 12)
• \( N \) — Number of compounding periods (months)
• \( A \) — Final amount (maturity value)

Explanation: The formula accounts for compound interest, where interest is earned on both the principal and accumulated interest.

3. Importance of FD Calculation

Details: Accurate FD calculations help investors plan their finances, compare investment options, and make informed decisions about fixed deposit investments.

4. Using the Calculator

Tips: Enter principal amount in INR, annual interest rate (default is 7.20% for 2025), and tenure in months. All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What are the current HDFC FD rates for 2025?
A: As of 2025, HDFC Bank offers interest rates ranging from 3.50% to 7.20% for general public, depending on tenure.

Q2: How often is interest compounded in HDFC FDs?
A: HDFC Bank compounds interest quarterly for most fixed deposits, but this calculator assumes monthly compounding for precise calculations.

Q3: Are there tax benefits on HDFC FDs?
A: Tax-saving FDs have a 5-year lock-in period and qualify for deduction under Section 80C, but interest is taxable.

Q4: What is the minimum investment for HDFC FD?
A: The minimum amount to open an HDFC Bank FD is ₹5,000 for regular deposits and ₹100 for special senior citizen deposits.

Q5: Can I withdraw my FD before maturity?
A: Premature withdrawals are allowed but may attract penalty charges (typically 0.50-1% reduction in interest rate).