Updated July 2026
Deposits & Government Schemes
Fixed-income savings provide safety and guaranteed returns. Key decisions involve comparing fixed deposit rates, planning recurring monthly savings, and using tax-free government schemes like PPF to beat inflation safely.
Featured Calculators
Recommended Journey
- 1
Check real FD returns
Use the FD calculator to see what remains of your fixed deposit interest after deducting taxes and adjusting for annual inflation.
- 2
Plan monthly recurring savings
Use the RD calculator to project recurring deposit growth. Compare RD returns side-by-side with fixed deposits to see which suits your goals.
- 3
Use tax-free PPF
Use the PPF calculator to project your long-term corpus. Learn how government-backed tax exemptions compound over fifteen years.
Guides
Frequently Asked Questions
How is TDS calculated on bank fixed deposits?
Banks deduct Tax Deducted at Source (TDS) at 10% if your interest income across all branches of that bank exceeds ₹40,000 in a financial year (₹50,000 for senior citizens). If you do not provide your PAN, the bank will deduct TDS at 20%.
Can I withdraw my money from PPF before 15 years?
PPF has a lock-in period of 15 years. However, partial withdrawals are allowed from the seventh financial year onwards, subject to specific limits. You can also take loans against your PPF balance from the third to the sixth financial year.
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