FD Premature Withdrawal Penalty Calculator
Estimate your penalty and actual returns before breaking your FD
Original FD Details
Original FD Amount (₹)
₹
Booked Interest Rate
%
Original Tenure
Days
Months
Years
Total duration for which the FD was originally booked.
Actual Holding Details
Actual Holding Period
Days
Months
Years
—
1 day
enter tenure
Drag the slider or type the period you actually held the FD before withdrawing.
Card Rate for Actual Period
%
Your bank's published rate for this shorter duration (check its rate chart).
Senior citizen
Adds +0.5% to the applicable holding-period rate
On premature withdrawal, banks pay the
lower of
your booked rate and the card rate for the period actually held,
minus
the penalty.
Penalty & Tax
Penalty Rate
%
Usually 0.5% – 1% depending on your bank's policy (some banks waive it).
Estimate TDS deduction
10% TDS if interest crosses ₹40,000 (₹50,000 for seniors) in the year
Reset
Calculate Penalty & Returns
Please fix the following
Results