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SBI FD Calculator

Total Investment

Interest rate




Select Duration


1 Yr

30 Yrs

The future value of investment will be

Invested Amount


Estimated Return


What Is the SBI FD Calculator?

Fixed deposits (FD) are investments where you can get returns at a higher rate than that of savings deposits. Since the rate of return is fixed, you can calculate the exact returns you will get for a particular investment even before opening the account. However, to determine that, you must either manually solve a formula or simply use an online FD calculator. The online SBI FD calculator is a simple and convenient tool to calculate an FD's maturity amount for a given principal, rate of return and duration of the investment.

How Does an SBI FD Calculator Work?

An SBI FD calculator requires you to enter the following details:

  1. Total investment
  2. Interest Rate
  3. Duration

Once you enter these values, the calculator will automatically show you the estimated figure of the future value of the investment and the return.

What is the FD Formula?

The following is the SBI FD calculator formula for calculating the maturity amount for a fixed deposit:

Maturity Amount=p (1+r/n)^ nt


p = Principal amount

t = Time Period

n = Frequency of compounding in each period

r = Rate of Interest

How to Use the SBI FD Calculator Online?

Once you have your hands on an online FD calculator, you can start comparing maturity amounts for various investment amounts, durations and banks.

For example, imagine that you want to invest Rs. 1,00,000 for 5 years. There is an FD that gives 6.75% interest. To calculate the interest amount, you simply have to:

  1. Go to the SBI FD calculator page on the Angel One website
  2. Enter Rs. 1,00,000 under “Total Investment”
  3. Enter the interest rate as 6.75%
  4. Enter the duration as 5 years

You will then automatically find the future value of the investment at the end of the 5-year period to be Rs. 1,40,094 and the estimated return to be Rs. 40,094.

Benefits of Using an FD Calculator

  1. Estimate earnings in advance - You can easily calculate the final amount you will get from investing in an FD with a particular amount, interest rate, and time period.
  2. Free, accurate, and easy to use - You can do it for free from your home using a phone or laptop. No matter how often you use the calculator, each calculation is error-free (unlike doing the task manually) and takes less than a second.
  3. Comparing various investment options - Easy and fast calculations allow an investor to compare an FD investment against a long list of alternative investments, such as other FDs or different durations for the same FD.

Types of SBI Bank FD Schemes

  1. Tax Saving Fixed Deposit - These investments offer tax benefits under Section 80C of the Income Tax Act. The minimum and maximum period of deposit are 5 years and 10 years, respectively.
  2. Annuity Deposit Scheme - The investor can deposit a one-time lump sum amount and receive a repayment of the same in monthly annuity instalments.
  3. Multi-Option Deposits (MODs) - These are term deposits which can be liquidated anytime you need the funds. You may withdraw as much as you need from a MODS account in multiples of Rs. 1,000.
  4. Sarvottam (Non-callable) Term Deposits - These are term deposits which offer a higher interest rate but do not have the premature withdrawal facility.
  5. Reinvestment Plan - The interest of this FD scheme is not paid out on a regular basis but only at the end of the maturity period.
Factors Influencing FD Earnings

  1. Principal amount - The principal is the initial investment amount. Any earnings over and above the principal are the interest earned. The higher the initial investment, the higher the maturity amount will be.
  2. Rate of interest - It is the rate of return that the investment gets at the end of every time period. Therefore, the higher the interest rate, the higher the increment per year and the higher the eventual maturity amount.
  3. Tenure of investment - This is the entire period when the principal remains invested in the FD. Higher the tenure of investment, the higher the interest earned.
  4. Frequency of compounding - This means how often the interest is calculated and combined with the principal for further calculations of interest. The higher the frequency of compounding, the higher the interest earned because of the effect of compounding.
  5. Taxation - A higher tax rate means you get less amount as a return for the same principal, interest and investment tenure.
  6. Inflation - Even if you earn a high return on your FD, a high inflation rate may reduce the real value of your return, i.e. compared to your expenses.


What is the SBI FD calculator?
The online SBI FD calculator is a free, online tool for calculating the maturity amount you can earn from investing a particular amount of money at a certain interest rate for a specific period in an SBI FD.
How to use the SBI FD calculator online?
You simply have to visit the Angel One SBI FD calculator page. After that, enter the principal, interest rate, and investment tenure. You will immediately view the amount that you will be entitled to on maturity.
Is the SBI FD calculator free to use?
Yes, the online SBI FD calculator available on the Angel One website is absolutely free to use. Just visit the page and enter the principal amount, interest rate and investment tenure to get the maturity amount.
How much can be the minimum tenure of your bank fixed deposit?
Short-term FDs can have a minimum tenure of as low as 7 days. However, the exact number varies from bank to bank and from scheme to scheme.
What is the interest rate on SBI FD?
The exact interest rate depends on the fixed deposit scheme, the tenure of investment and whether the investor is a senior citizen or not. However, the interest rates may change over time based on the RBI’s monetary policy rates and other economic factors.
Is there a penalty if the bank FD is withdrawn prematurely?
Yes, penalties will apply if the bank FD is withdrawn prematurely, as in before the investment period that was agreed upon as a minimum.

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