Sundaram Finance FD Calculator

Total Investment


Number of years

1 yr
25 yrs

Interest Rate

1 %

Fixed Deposit Rates on Domestic deposits - General Public

Non-Cumulative Option

Regular Citizens

Tenure Monthly Quarterly
12 months 5.97 6
24 months 6.27 6.3
36 months 6.61 6.65

Note: The FD interest rates are effective as of 10 June 2022

Fixed Deposit Rates on Domestic deposits - Senior Citizens

Senior Citizens

Tenure Monthly Quarterly
12 months 6.47 6.5
24 months 6.76 6.8
36 months 7.11 7.15

Note: The FD interest rates are effective as of 10 June 2022

Cumulative Option

Fixed Deposit Rates on Domestic deposits - General Public

Tenure Regular Citizens (at Quarterly rests)
12 months 6
24 months 6.3
36 months 6.65

Note: The FD interest rates are effective as of 10 June 2022

Fixed Deposit Rates on Domestic deposits - Senior Citizens

Tenure Senior Citizens (at Quarterly rests)
12 months 6.5
24 months 6.8
36 months 7.15

Note: The FD interest rates are effective as of 10 June 2022

Sundaram Finance FD Calculator

Investing in fixed deposits is one of the best ways to multiply your savings in a risk-free way. If you are looking for a secure investment option, fixed deposits are the viable option. Sundaram Finance fixed deposit offers attractive interest rates and multiple FD schemes for both general and senior citizens.

You can start an FD account in Sundaram Finance with a minimum of ₹10,000 at an interest rate of 7.20%. Before you invest in an FD, you can use an online FD calculator to assess how much your FD would bring in. Continue reading to know more about this fixed deposit scheme.

Sundaram Finance Fixed Deposit (FD) Calculator

Sundaram Finance has an AAA/Stable rating from CRISIL. You can earn an annual interest of 7.20% to 7.50% by investing in Sundaram Finance FDs. However, there is an additional rate of 0.50% in the case of senior citizens.

Considering these differences in interest rates, it can be troublesome for you to calculate FD returns accurately. In such cases, you can take help from the online Sundaram Finance FD calculator. This online tool helps you avoid the risks of miscalculation that you may incur during manual calculation.

Being completely automated, this calculator always delivers error-free results, given you enter the correct inputs. If you are planning to invest in Sundaram Finance fixed deposit, know the Sundaram Finance fixed deposit interest rate and calculate your returns beforehand. It will help choose a suitable FD scheme as per your financial plans.

How Does the Sundaram Finance FD Calculator Work?

Sundaram Finance FD calculator is a viable option for computing your fixed deposit returns without any hassles. Take a look at the steps below to know the calculation procedure:

1. Fill in the “Total Investment” box with the amount you want to invest in Sundaram Finance FD
2. Enter the investment term in the “Number of years” box
3. Fill in the “Interest Rate’ tab with Sundaram Finance’s interest rate for fixed deposit
4. Find the interest accrued and maturity amount on the right side of the page

Note: You can enter the figures manually on each field or drag the purple line to reach the figure you want to input.

The result shows payment breakup in terms of total investment, estimated returns, and total value. So, you can easily determine the FD returns and invest accordingly. Moreover, you can alter the figures and calculate FD returns for different tenure and interest rates.
Let’s take a look at the interest calculation formula to understand the working principle of this online tool better!

Returns from the fixed deposit can be calculated using two different formulas based on the type of interest accrued. They are as follows:

Simple Interest

In case of simple interest FDs, the maturity amount is calculated as follows:

M= P+ (PXRXT/100)

In the above formula, “M” stands for the maturity amount

“P” represents the amount you intend to invest in Sundaram Finance FD

“R” denotes the annual rate of interest

“T” stands for the investment term in years

Compound Interest

If the interest gets compounded in an FD, then the maturity calculation will take place with this formula:

A = P (1 + r/n) ^ nxt

Here, the total amount earned on FD maturity is denoted as “A”

“P” represents principal, i.e., your investment amount

“r” stands for the annual interest rate

“n” represents the frequency of compounding interest

“t” stands for the tenure for investment

Let’s take an example to interpret the formula in a better way.

If you invest ₹10,000 for 5 years at an annual interest rate of 7% compounded annually, the fixed deposit interest returns will be:


P = 10,000

r = 7%.

n = 1

t = 5

So, A = 10,000 (1 + 7%/1) ^ 1*5.

Hence, you will earn a total amount of ₹14,148 after 5 years, according to the calculation.

You will earn an interest of ₹14,148 – ₹10,000, i.e., ₹4,148.

Benefits of an Online Sundaram Finance FD Calculator

Sundaram Finance fixed deposit calculator is a hassle-free online tool for easy and error-free interest calculations. However, its benefits are not limited only to this. Here are some more benefits of this calculator:

Sundaram Finance fixed deposit return calculation becomes more streamlined when you use the online Upstox FD calculator. This tool is designed exclusively for a better user experience. Simply input the required data, check the accrued interest and start investing.

Frequently Asked Questions

What is the minimum investment amount for Sundaram Finance fixed deposits?

You can start investing in Sundaram Finance fixed deposits with a minimum of ₹10,000.

How long does it take to double the FD amount in Sundaram Finance fixed deposits?

As per the rule of 72, you need to divide 72 by the interest rate to know the time it will take to double the FD amount. For instance, if you have invested in a fixed deposit at a rate of 7.20%, it will take (72/7.20%) 10 years to double.

What is the highest interest rate on Sundaram Finance FD?

The highest annual interest rate on Sundaram Finance FD is 7.50% for general citizens and 8.00% for senior citizens.

How can a new customer open an online FD account?

New customers need to activate internet banking to open an FD online.

Does Sundaram Finance offer any special FD rate for senior citizens?

Senior citizens can avail an additional 0.50% interest on the general rates.

Is there any premature withdrawal facility on Sundaram Finance FD?

Yes, Sundaram Finance offers an early withdrawal facility for fixed deposits.

How much penalty does Sundaram Finance charge for early withdrawal of fixed deposit?

If you withdraw an FD after six months and before 12 months, they will charge a penalty of 3%. Withdrawal after 12 months and before 24 months will charge a 2% penalty.

This calculator is meant to be used for indicative purposes only. It is designed to assist you in determining the appropriate amount of prospective investments. This calculator alone is not sufficient and shouldn’t be used for the development or implementation of any investment strategy. Upstox does not take the responsibility/liability nor does it undertake the authenticity of the figures calculated therein. Upstox makes no warranty about the accuracy of the calculators/reckoners. The examples do not claim to represent the performance of any security or investments. In view of the individual nature of tax consequences, each investor is advised to consult his/her own professional tax advisor before making any investment decisions on the basis of the results provided through the use of this calculator.