Calculate FD maturity with TDS impact and effective annual yield. Supports quarterly, monthly compounding.
TDS of 10% applies if annual FD interest exceeds ₹40,000 (₹50,000 for senior citizens). Submit Form 15G/15H if income below exemption.
Small Finance Banks (Ujjivan, Jana, ESAF) offer 8.5–9%. Large banks (SBI, HDFC) offer 6.5–7.5%. Always verify DICGC insurance (₹5L per bank).
If FD interest exceeds ₹40,000/year, bank deducts 10% TDS. Submit Form 15G (below 60) or 15H (60+) if income below exemption limit.