Tax-Saver FD Calculator (80C)
5-year tax-saving FD — maturity value plus the Section 80C tax saved, and the real post-tax verdict.
Formula
Disclaimer: Interest rates shown are recent indicative values — banks revise FD cards and the government notifies small-savings rates quarterly. Verify the current rate before investing. Not financial advice.
Disclaimer: This tool is for general informational and estimation purposes only and is not professional financial, tax, accounting or legal advice. All figures are estimates — verify with a qualified professional before making decisions. Read the full disclaimer.
Need tax-saver fd calculator results fast? Skip the spreadsheet and get a clear, defensible answer in one step — free, private and instant, recalculating live as you change any input.
About Tax-Saver FD Calculator (80C)
The tax-saver FD is 80C's most conservative instrument: deposit up to ₹1.5 lakh, lock for exactly 5 years (no premature exit, no loan against it), and claim the deduction this year — at the 30% slab, an immediate ₹45,000 tax saving on a full deposit, which this calculator adds to the FD's own interest for the honest combined picture. The honest picture has a catch: the INTEREST remains fully taxable at slab, so the instrument's own economics are ordinary (6.9% pre-tax ≈ 4.8% post-tax at 30%). The upfront deduction is the entire attraction — effectively a year-one boost that makes the blended return respectable for investors who'd otherwise leave 80C room unused in March. Rank it within the 80C menu before booking: PPF (tax-free interest, EEE) and ELSS (3-year lock, equity returns, favorable LTCG) beat the tax-saver FD for most profiles on post-tax math; the FD wins for those at retirement's edge wanting zero volatility, or filling a last-minute 80C gap in days (ELSS needs market timing comfort; PPF needs the account). Also note: the deduction only exists in the OLD tax regime — new-regime filers gain nothing from the lock-in.
How to use Tax-Saver FD Calculator (80C)
- 1Enter Deposit (max ₹1.5 lakh/yr for 80C), FD rate (%), Your tax slab into the Tax-Saver FD Calculator.
- 2The result is computed automatically using Maturity = P × (1 + r/4)^20 ; upfront 80C saving = deposit × slab ; interest itself stays taxable at slab — there is no button to press; it updates live as you type.
- 3Change any input to model a different scenario, then use “Copy result link” to share the exact numbers.
Why use Tax-Saver FD Calculator (80C)?
- ✓Computes tax-saver fd calculator instantly with the correct formula — no spreadsheet needed
- ✓100% free and unlimited, with no sign-up, login or paywall
- ✓Runs entirely in your browser, so the figures you enter are never uploaded or stored
- ✓Shows the formula, a live worked example and references so you can defend the number
Frequently asked questions
Tax saver FD vs PPF vs ELSS — kya chunein?+
Post-tax math me: ELSS (equity, 3-saal lock, LTCG-friendly) > PPF (7.1% tax-free, 15-saal commitment) > tax-saver FD (interest slab par taxable). FD tab jeet'ta hai jab horizon chhota, volatility bardasht nahi, ya March me 80C bharne ki jaldi ho. 30% slab wale long-term saver ke liye PPF/ELSS lagbhag hamesha behtar.
Kya new tax regime me tax-saver FD ka koi fayda hai?+
Nahi — new regime me 80C deduction nahi milta, to 5-saal ka lock-in bina kisi badle ke jhelna padta hai. New-regime filers normal FD hi book karein (koi lock nahi, same rate-class). Yeh instrument sirf old-regime taxpayers ke liye zinda hai.
5 saal se pehle paisa nikal sakte hain kya?+
Nahi — tax-saver FD me premature withdrawal, loan ya pledge teeno allowed nahi hain (scheme rules). Emergency ke liye yeh galat jagah hai. Joint account ho sakta hai par deduction sirf pehle holder ko milta hai. Lock-in hi is product ki keemat hai jo upfront deduction kharidta hai.
Interest par TDS aur tax kaise chalega?+
Normal FD jaisa: bank threshold ke upar 10% TDS kaatega, aur poora interest aapki slab par taxable hai — chahe aap usse cumulative me compound hone dein. Accrual basis par har saal interest declare karna cleaner practice hai, warna maturity year me ek saath bada interest income aa kar slab bigaad sakta hai.
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