Banking
TDS on FD Calculator
Whether your bank will deduct TDS, and how to stop it if you are below the limit.
₹0₹80,000₹1 Cr
TDS deducted
₹8,000
- TDS threshold
- ₹50,000
- TDS rate
- 10.00%
- Interest credited to you
- ₹72,000
What this means.TDS is not the final tax. If your total income is below the taxable limit, submit Form 15G (or 15H if you are a senior citizen) at the start of the financial year to stop the deduction. If TDS was already cut, claim it back in your ITR.
Worth knowing.Results are estimates based on the assumptions you enter. Actual outcomes depend on the exact terms offered to you, the compounding convention your institution uses, and tax law as it applies to your situation. Nothing here is personalised advice.
Your data stays with you
This calculator runs entirely in your browser. Your income, loan amount, salary and any other figure you type is never transmitted to Credsir or anyone else. Nothing is stored, logged or shared.