📊 Excel Alternative
FD Calculator Excel — All Banks, Auto-compare
Quick Answer
Excel FD templates use basic compound interest formulas but require you to manually look up and enter current bank rates. CalcCrack FD Calculator has bank-wise rates pre-loaded, automatically applies senior citizen bonuses, shows TDS deduction, and lets you compare two FDs side by side.Why use CalcCrack instead of an Excel template
- ✓Bank-wise FD rates pre-loaded — SBI, HDFC, ICICI, Axis, Kotak, PNB, and more
- ✓Senior citizen rate automatic loading — no manual lookup needed
- ✓TDS deduction display — shows maturity with and without TDS
- ✓No download or installation — works on mobile and desktop instantly
- ✓Compare two bank FDs side by side — no complex Excel VLOOKUP needed
Feature Comparison
| Feature | CalcCrack 🏛️ | 📊 Excel Template |
|---|---|---|
| Works on mobile without app | ✓ | × |
| No download or installation | ✓ | × |
| Shareable link | ✓ | × |
| Always up-to-date data | ✓ | × |
| Advanced calculation modes | ✓ | Partial |
| Offline use | × | ✓ |
| Custom formatting | × | ✓ |
Try it free — no download needed
FD Calculator works instantly in your browser on any device. No Excel, no Google Sheets, no install.
Frequently Asked Questions
What is the FD maturity formula in Excel?+
For cumulative FD: =P*(1+r/n)^(n*t) where P=principal, r=annual rate, n=compounding periods (4 for quarterly), t=years. CalcCrack handles this with all compounding frequencies automatically.
Which bank has the highest FD rate in 2025?+
Small finance banks like AU, Ujjivan, and ESAF often offer the highest FD rates (7.5–8.5% for regular, up to 9% for senior citizens). For large public banks, rates are typically 6.5–7.5%. Check CalcCrack for the latest rates.
What is the TDS rate on FD interest?+
TDS is 10% on FD interest exceeding ₹40,000 per year (₹50,000 for senior citizens). Submit Form 15G/15H to avoid TDS if your total income is below the taxable limit.
Should I break an existing FD for a higher rate?+
Breaking an FD incurs a 0.5–1% penalty on the rate for the holding period. Recalculate whether the higher rate for the remaining period offsets the penalty. CalcCrack's FD calculator can model both scenarios.
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Disclaimer: This page is for informational purposes and does not constitute financial, tax, or investment advice. Tax rules and rates are as per FY 2025-26 and subject to change. Always consult a SEBI-registered advisor or Chartered Accountant before making financial decisions.