Creating a Fixed Deposit? Calculate the future value of your wealth using our Lumpsum Calculator. And Check the TDS Limit as per current Financial Year Interest rates for your FDs.
Fixed Deposit TDS Limit Calculator
| Bank | General Citizens | Senior Citizens | Tenure |
|---|---|---|---|
| State Bank of India | 6.45% | 6.95% | 2–3 years |
| ICICI Bank | 6.60% | 7.10% | 2 years–10 years |
| HDFC Bank | 6.60% | 7.10% | 18–21 months |
| Punjab National Bank | 6.70% | 7.20% | 390 days |
| Bank of India | 6.70% | 7.20% | 450 days |
| Indian Bank | 6.90% | 7.40% | 444 days |
Plan Your Fixed Deposit with Our TDS Limit Calculator & Download Form 15G/15H Free for 2025-26
Worried about TDS on fixed deposit (FD) interest? Our Fixed Deposit TDS Limit Calculator for 2025-26 helps you calculate the exact amount to invest to stay within the TDS limits of ₹50,000 for general citizens or ₹1,00,000 for senior citizens. Download Form 15G and Form 15H for free to avoid TDS and maximize your FD returns!
Why Use a Fixed Deposit TDS Limit Calculator?
Fixed deposits are a secure investment choice in India, offering guaranteed returns. However, TDS (Tax Deducted at Source) can reduce your earnings if your FD interest exceeds the threshold. Our FD TDS Limit Calculator simplifies planning by showing:
- Deposit Amount: Your initial investment.
- Future Value: The total value of your FD after the tenure.
- Interest Earned: The interest you’ll earn, formatted in the Indian number system (e.g., ₹1,23,456.78).
Enter your principal amount, interest rate, time period, compounding frequency, and citizen type (general or senior citizen). The calculator instantly displays your returns and warns if your interest exceeds the TDS limit for 2025-26 (₹50,000 for general citizens, ₹1,00,000 for senior citizens), helping you plan smarter investments.
Avoid TDS with Form 15G and Form 15H
TDS applies to FD interest exceeding specific limits in 2025-26:
- General Citizens: ₹50,000 per year.
- Senior Citizens (60+): ₹1,00,000 per year.
If your total income is below the taxable limit (₹2.5 lakh for general citizens or ₹3 lakh for senior citizens under the old tax regime), you can submit Form 15G (for general citizens) or Form 15H (for seniors) to prevent TDS deductions. Download these forms for free from our page to keep your FD earnings intact!
Important: False declarations in Form 15G/15H can lead to penalties under Section 277 of the Income Tax Act, including imprisonment if tax evaded exceeds ₹25 lakh. Verify your eligibility before submitting.
How Our FD TDS Limit Calculator Saves You Money
Our calculator is designed to help you:
- Optimize Investments: Find the ideal principal to keep interest below TDS limits (₹50,000 or ₹1,00,000).
- Plan Efficiently: Adjust tenure and compounding frequency to balance returns and tax savings.
- Stay Alert: Receive instant TDS warnings if interest exceeds the 2025-26 limits.
For example, a general citizen can calculate the principal needed to earn up to ₹50,000 in interest without triggering TDS. Our calculator provides precise results based on your interest rate and tenure.
Benefits of Downloading Form 15G and Form 15H from Us
- Free and Easy: Access the latest Form 15G and Form 15H for 2025-26 at no cost.
- Quick Download: Enter your name and email to instantly download the forms.
- Trusted Source: Forms are sourced from the official Income Tax Department, ensuring authenticity.
How to Use Our Calculator and Download Forms
- Input your principal amount, interest rate, time period, compounding frequency, and citizen type.
- View your Deposit Amount, Future Value, and Interest Earned in Indian format (e.g., ₹1,23,456.78).
- Check for a TDS warning if interest exceeds the 2025-26 limits.
- Download Form 15G or Form 15H by filling out a quick form to avoid TDS.
Tips to Maximize Your FD Returns in 2025-26
- Split FDs Across Banks: Keep interest below ₹50,000 per bank (or ₹1,00,000 for seniors) to avoid TDS without forms.
- Choose Tax-Saver FDs: Invest up to ₹1.5 lakh in 5-year FDs for tax deductions under Section 80C.
- Compare Rates: Explore different banks to secure the highest interest rates.
- Submit Forms Early: File Form 15G/15H at the start of the financial year to prevent TDS deductions.
Start Saving Tax Today!
Don’t let TDS reduce your FD earnings. Use our Fixed Deposit TDS Limit Calculator to plan your investments and download Form 15G or Form 15H for free to avoid TDS in 2025-26. Enter your details below to access the forms and optimize your fixed deposits now!
Disclaimer: Consult a financial advisor before investing. Ensure eligibility for Form 15G/15H to avoid penalties.