What is an SBI FD Calculator?
An SBI FD Calculator estimates the maturity value and interest on a fixed deposit with State Bank of India, using the amount, rate and tenure you enter.
SBI offers fixed deposits from 7 days to 10 years, with a different rate for each tenure band and an extra margin for senior citizens. Enter the rate that applies to your tenure, from the table above or the bank’s website. The estimate does not deduct TDS.
How to use the SBI FD Calculator
- Enter deposit amount.
- Enter interest rate.
- Enter tenure in years.
- Enter tenure in months.
- Select compounding frequency.
- Tap Calculate to see the result.
- Tap Reset to clear the fields and try again.
Who should use it
- Savers comparing SBI tenures before booking an FD
- Senior citizens checking the effect of the higher rate
- Anyone comparing an SBI FD with other banks or post office schemes
Key terms
- Deposit amount
- The sum you place in the deposit.
- Interest rate
- The yearly rate for your chosen tenure.
- Compounding frequency
- How often interest is added. Term deposits are usually compounded quarterly.
- Maturity value
- Deposit plus interest at the end of the tenure.
Frequently asked questions
Is this the official SBI calculator?
No. This is an independent tool and is not affiliated with State Bank of India.
How often is SBI FD interest compounded?
Usually quarterly for term deposits. Check your deposit receipt.
Do senior citizens get a higher rate?
Yes, usually an extra margin over the general rate.
Is FD interest taxable?
Yes, at your slab rate, and TDS may apply.
Where can I check current SBI FD rates?
On the official SBI website. The table on this page shows rates as of the date noted.
Last updated: 1 November 2026