Calculators · Savings & Fixed Income
SBI FD calculator
Use this free online SBI FD calculator to work out the maturity amount and interest on a State Bank of India fixed deposit. SBI's published FD interest rates and senior citizen rates are preloaded, and you can see monthly interest, post-tax returns and inflation-adjusted returns.
What your FD actually earns
Five calculation modes on one engine — cumulative growth, monthly payout, goal sizing, laddering and loan-against-FD. Every mode shows the post-tax and inflation-adjusted figure beside the headline number, because the headline rate is rarely the one you keep.
Worth is independent and is not affiliated with, or endorsed by, State Bank of India. SBI rates are taken from SBI's official rate card (effective 15 December 2025), checked on 14 October 2026.
The method
How to calculate SBI FD interest
SBI compounds interest on its cumulative fixed deposits quarterly. Pick a tenure bucket and the SBI fixed deposit calculator applies that bucket's rate, then shows the maturity amount, total interest and what you keep after tax.
SBI FD interest rates (effective 15 December 2025, checked 14 October 2026)
| Tenure | General | Senior citizen |
|---|---|---|
| 7 to 45 days | 3.05% | 3.55% |
| 46 to 179 days | 4.90% | 5.40% |
| 180 to 210 days | 5.65% | 6.15% |
| 211 days to under 1 year | 5.90% | 6.40% |
| 1 year to under 2 years | 6.25% | 6.75% |
| Amrit Vrishti (444 days) | 6.45% | Higher; figure not published |
| 2 years to under 3 years | 6.40% | 6.90% |
| 3 years to under 5 years | 6.30% | 6.80% |
| 5 years to 10 years | 6.05% | 7.05 (incl. WeCare) |
Quick SBI FD examples (cumulative, compounded quarterly, before tax):
- ₹10,000 for 1 year at SBI's one-year FD interest rate of 6.25% earns about ₹640.
- ₹1,00,000 for 1 year at 6.25% matures at about ₹1,06,398.
- ₹50,000 in a 5-year SBI fixed deposit at 6.05% grows to about ₹67,509.
- ₹5,00,000 for 5 years at 6.05% grows to about ₹6,75,088.
Banks revise rates without notice, so check today's FD interest rates on SBI's website or your deposit receipt and enter the rate in the calculator before relying on a projection. The rates above are yearly rates; SBI compounds them quarterly, so the effective yearly interest rate is slightly higher.
Worked example: SBI FD, 3 years, 30% slab
- Deposit
- ₹5,00,000
- SBI rate (3 to under 5 years)
- 6.30%, compounded quarterly
- Period
- 3 years
- Interest earned
- ₹1,03,131
- Maturity amount
- ₹6,03,131
- Tax on interest (30%, new regime)
- ₹30,939
- Post-tax maturity
- ₹5,72,192
These are the calculator's default inputs on this page, so you can check every figure above in the tool.
Key facts
SBI FD rules: minimum deposit, premature withdrawal and senior citizen rates
Only terms confirmed on the lender's own website are listed. Check your deposit advice for the terms that apply to you.
| Minimum deposit | ₹1,000 |
| Tenure | 7 days to 10 years |
| Senior citizen rate | 0.50% above the general rate; 1.00% above on 5–10 year deposits, including the 0.50% SBI WeCare premium |
| Premature withdrawal penalty | 0.50% below the applicable rate on deposits up to ₹5 lakh; 1.00% on deposits above ₹5 lakh (rules in force since 1 April 2017) |
| Deposits closed within 7 days | No interest is paid |
| Special deposit | Amrit Vrishti, 444 days, at 6.45% for the general public |
| Interest payout | Cumulative (STDR), or monthly/quarterly payout (TDR); monthly payout is at a discounted rate |
| Loan against the deposit | Available |
Source: SBI retail domestic term deposit rates. Effective: 15 December 2025. Checked by Worth on 14 October 2026. Rates are for deposits below ₹3 crore and can change without notice.
Breaking an SBI FD early: worked example
- Deposit
- ₹5,00,000
- Booked
- 3 years at 6.30%
- Closed after
- 18 months
- Base rate
- 6.25%
- Penalty
- 0.50%
- Rate applied
- 5.75%
- Interest received
- ₹44,705
- Without the penalty
- ₹48,745
- Cost of the penalty
- ₹4,040
Base rate: the card rate for an 18-month deposit, 6.25%. Assumes SBI's current card rates and quarterly compounding, before tax. The bank pays the rate for the period the deposit actually ran, minus the penalty.
The essentials
SBI FD returns: monthly interest, senior citizen rates and doubling time
Monthly interest on an SBI FD
With a monthly payout (non-cumulative) SBI FD at 6.30%, interest is about ₹525 a month on ₹1 lakh, ₹2,625 a month on ₹5 lakh and ₹5,250 a month on ₹10 lakh, before tax. Switch the calculator to Monthly income mode to see the post-tax figure for your amount. Payout deposits earn less in total than a cumulative deposit, because the interest is paid out instead of compounding.
SBI FD for senior citizens
Senior citizens get a higher SBI FD rate, generally 0.50% above the general rate and 1.00% on 5–10 year deposits under SBI WeCare. Tick "Senior citizen" in the calculator to apply it. For example, ₹10 lakh for 5 years at 7.05% grows to about ₹14.18 lakh. Senior citizens under the old tax regime can also claim the 80TTB deduction on up to ₹50,000 of interest a year.
How many years does an FD take to double in SBI?
At 6.30% compounded quarterly, an SBI FD doubles in about 11.1 years. A quick estimate is the rule of 72: divide 72 by the rate, which gives about 11.4 years. At the 7.05% senior citizen rate, it takes roughly 10 years. For deposits across several banks, use the main FD calculator, which compares 14 banks and the Post Office.
Rate comparison
How SBI FD rates compare with other banks
1, 3 and 5-year general rates from each lender's official rate card, checked on 14 October 2026. Rate cards change on different dates, so the last column shows each one's effective date. The highlighted row is this page's lender.
| Lender | 1 year | 3 years | 5 years | Rate card |
|---|---|---|---|---|
| State Bank of India | 6.25% | 6.30% | 6.05% | 15 Dec 2025 |
| HDFC Bank | 6.25% | 6.45% | 6.40% | 19 Aug 2026 |
| ICICI Bank | 6.25% | 6.45% | 6.50% | 14 Oct 2026 |
| Axis Bank | 6.25% | 6.50% | 6.50% | 30 Sep 2026 |
| Kotak Mahindra Bank | 6.50% | 6.40% | 6.25% | 15 Apr 2026 |
| Punjab National Bank | 6.25% | 6.30% | 6.35% | 1 Jun 2026 |
| Bank of India | 6.25% | 6.25% | 6.00% | No date shown |
| Canara Bank | 6.25% | 6.25% | 6.25% | 17 Mar 2026 |
| Union Bank of India | 6.20% | 6.10% | 6.00% | 4 Aug 2026 |
| Central Bank of India | 6.10% | 6.00% | 6.00% | 10 Aug 2026 |
| Post Office Time Deposit | 6.90% | 7.10% | 7.50% | Oct–Dec 2026 |
| Jana Small Finance Bank | 7.00% | 8.00% | 7.77% | 29 Sep 2026 |
| Equitas Small Finance Bank | 7.00% | 7.00% | 7.00% | 3 Nov 2025 |
| AU Small Finance Bank | 6.35% | 7.40% | 6.75% | 1 Sep 2026 |
| Unity Small Finance Bank | 7.50% | 6.75% | 6.75% | 15 Jul 2026 |
Common questions
SBI FD Calculator: frequently asked questions
How do I calculate interest on an SBI FD?
How much interest will I get on ₹1 lakh per month in SBI?
What is the SBI FD interest rate for senior citizens?
In how many years will an SBI FD double?
What is the difference between SBI STDR and TDR?
Is SBI FD interest taxable?
Can I take a loan against an SBI FD instead of breaking it?
What is the penalty for breaking an SBI FD early?
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