What is the best FD interest rate?

Top FD rates in 2026: SBI 7.1%, HDFC 7.25%, ICICI 7.1%. Senior citizens get 0.5% extra.

Is FD interest taxable?

Yes, FD interest is taxable. TDS is deducted at 10% if annual interest exceeds ₹40,000 (₹50,000 for seniors).

Yes, but you may lose 0.5-1% of the interest rate. Some banks offer penalty-free partial withdrawal.

Calculate fixed deposit maturity amount and interest earned. Compare FD returns across different banks and tenures.

Deposit Amount (₹)

Interest Rate (%)

Tenure (Years)

Monthly EMI

\u20b920,351

Total Interest

\u20b91,757

Total Payment

\u20b91,01,757

What is the best FD interest rate?: Top FD rates in 2026: SBI 7.1%, HDFC 7.25%, ICICI 7.1%. Senior citizens get 0.5% extra.
Is FD interest taxable?: Yes, FD interest is taxable. TDS is deducted at 10% if annual interest exceeds ₹40,000 (₹50,000 for seniors).
Can I break an FD early?: Yes, but you may lose 0.5-1% of the interest rate. Some banks offer penalty-free partial withdrawal.