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Investing is an important decision, and an FD calculator comes to your aid when parking your funds in a fixed deposit. Tools like the Indian Bank FD calculator facilitate investment planning by estimating the returns you can get from an FD


This way, you can invest strategically to get the most advantageous returns. Along with the estimated returns, this calculator also helps you understand which is the ideal investment horizon for you based on your investment goals. 

Read on to know the benefits of the Indian Bank fixed deposit calculator, the bank’s FD interest rates, and more.

Indian Bank Fixed Deposit Calculator

Deposit Amount
Interest Rate
Interest Payout
Your Total Maturity Amount is
Your Total Maturity Amount is
Total Investment
Total Interest Earned

Interest Rates for Indian Bank FD

Here are the latest Indian Bank FD interest rates for deposits under ₹2 Crores:


Regular Citizens (p.a.)

Senior Citizens (p.a.)

7 Days > 5 Years 

2.80% - 7.10%

2.80% - 7.25%

Ind Supreme 300 Days

(w.e.f. 01.07.23 and valid up to 31.10.23)



Ind Super 400 Days

(w.e.f. 20.04.23 and valid up to 31.10.23)



Disclaimer: The above interest rates are current as of October 2023 and are subject to change as per the bank’s policy.

Now that you know the latest FD interest rates, use the Indian Bank fixed deposit calculator and compare the returns for various investment terms.

Benefits of an Indian Bank FD Calculator

The Indian Bank FD calculator provides a host of benefits to the FD account holder. Here are some of them:

1. Calculates Estimated Returns

This FD calculator provides the estimated returns you can get on your investment across various tenors. This way, you can choose a suitable option that provides the best returns.

2. Helps Choose a Suitable Tenor

This calculation tool helps you choose a suitable tenor for your FD. It helps you understand which investment tenor can help you get the best FD returns.

3. Assists in Investment Planning

Investment planning is an important decision, and you must plan while considering your investment goals. The Indian Bank FD calculator helps plan your investment in a way which enables you to meet your investment goals. 

4. Provides Accurate Results

Calculating the expected returns for an FD can be difficult when done manually,  especially if you are calculating the returns for various tenors. However, using the Indian Bank fixed deposit calculator eliminates the chances of any errors while providing the results in a matter of seconds. 

5. Saves Time and Effort

This calculation tool also helps you save time and effort. Apart from that, it is an easy-to-use tool that requires you to enter some basic information to get the estimated returns instantly. 


As evident, using the Indian Bank fixed deposit calculator comes with numerous benefits, making your investing experience easier. If you plan to invest in fixed deposits, consider investing on Bajaj Markets. 


On this platform, you get various options in a single place. Also, you benefit from a simple application process and minimal paperwork, allowing you to conveniently invest in a suitable plan.


The information provided by BFDL herein above is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial investment advice or endorsement of any sort. 

The information including interest rates with regard to fixed deposit, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any investment or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products. 

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FAQs on the Indian Bank FD Calculator

Yes, you can withdraw your Indian Bank FD before maturity. However, you need to pay a premature withdrawal penalty for the same. 


If you withdraw your FD of ₹5 Lakhs before 181 days, the bank charges 1% on the interest rate. If you hold the investment for 181 days, and the investment amount is lower than ₹5 Lakhs, you do not need to pay any penalty.


Use the Indian Bank FD rates calculator to compute your returns beforehand and choose a specific tenor.

Yes, you can apply for a loan from Indian Bank against your FD without liquidating the investment. You can get up to 90% of the deposit amount as a loan.

The minimum investment amount that you need to deposit for an Indian Bank fixed deposit investment is ₹1,000.

Yes, the Indian Bank offers an auto-renewal facility on your fixed deposits.

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