Tax-Saver FD Calculator India — 80C Fixed Deposit Returns 2026

Last updated: 29 April 2026 Reviewed by Deepa Krishnan, CFP

A **tax-saver FD** is a 5-year fixed deposit that qualifies for deduction up to ₹1.5 lakh under Section 80C (old regime only). It has a mandatory 5-year lock-in period — no premature withdrawal allowed. Interest earned is taxable at slab rates and subject to TDS. It is the safest 80C option but has lower returns than ELSS and PPF.

Deposit Amount (₹)

Interest Rate (% p.a.)

Tenure (Years)

Tenure (Months)

Compounding Frequency

Maturity Amount —

Interest Earned —

Effective Annual Yield —

View Year-by-Year Breakdown

Real-World Examples — 2026

₹1 lakh deposit at 7% for 3 years (quarterly compounding)

Investing ₹1 lakh at 7% p.a. with quarterly compounding for 3 years yields ₹1,23,144. Effective annual yield is 7.19% — slightly higher than the nominal rate due to quarterly compounding.

₹5 lakh deposit for 5 years — FD vs RD

A ₹5 lakh FD at 7.1% for 5 years grows to approximately ₹7,08,867 (quarterly). Contrast with an RD of ₹8,333/month for 5 years at 7.1% — total deposited ₹5 lakh, maturity ₹5,99,714.

Frequently Asked Questions

How accurate is the Tax Saver FD Calculator?

The Tax Saver FD Calculator uses standard financial formulas. Results are indicative; actual figures depend on your lender or financial institution's policies.

Is the Tax Saver FD Calculator free to use?

Yes, the Tax Saver FD Calculator on CalcPhi is completely free with no registration required.

Are my data inputs stored?

No. All calculations happen in your browser. We do not store any of your financial data.

How often are the Tax Saver FD Calculator rates updated?

Rates in examples are updated periodically to reflect current market conditions. Always verify with your bank or advisor.

Can I use the Tax Saver FD Calculator on mobile?

Yes. CalcPhi is fully mobile-optimised. The calculator works on all modern smartphones and tablets.

Who should use this calculator?

Anyone in India planning their finances can benefit from the Tax Saver FD Calculator. It's designed for both beginners and experienced investors.