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Senior Citizen FD Calculator

Calculate FD maturity with senior citizen bonus rates.

Last updated: 13 Aug 2026

Quick answer

Senior citizens usually get 0.25%–0.75% higher FD rates. Maturity = P(1 + r/n)^(n×t). For example, ₹5,00,000 at 7.5% compounded quarterly for 5 years matures to about ₹7.25 lakh. Enter your deposit, senior rate and tenure above.

₹
% p.a.
years

Banks offer senior citizens higher FD rates (typically 0.25%–0.75% extra). This calculator uses the compound interest formula A = P(1 + r/n)^(n·t); enter the senior rate your bank offers.

How to calculate senior citizen FD maturity

  1. 1 Enter your deposit amount.
  2. 2 Enter the senior citizen interest rate and tenure, and choose compounding.
  3. 3 We show the maturity amount and interest earned.

Frequently asked questions

How much extra interest do seniors get on FDs?
Usually 0.25%–0.75% more than the standard rate, varying by bank and tenure.
Is senior citizen FD interest taxable?
Yes, but seniors get a higher TDS threshold (₹50,000) and an 80TTB deduction up to ₹50,000 on interest.
What is the minimum age?
Generally 60 years; some banks offer super-senior rates at 80+.

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