Terms of Use

Last updated: August 2025

1. Acceptance of Terms

By accessing and using fdbreakcalculator.com (the "Site"), you accept and agree to be bound by these Terms of Use. If you do not agree to these terms, please do not use the Site.

2. Purpose of the Calculator

The FD/CD Penalty Calculator is provided for informational and educational purposes only. It is designed to give you a reasonable estimate of the penalty you may face when breaking a Fixed Deposit (India) or Certificate of Deposit (USA) before its maturity date.

This calculator does not constitute financial advice. Always consult your bank, financial advisor, or a qualified professional before making financial decisions.

3. Accuracy of Results

While we strive to keep penalty rates and card rates up to date, the following limitations apply:

  • Penalty rates and card rates are updated periodically but may not reflect your bank's current published schedule.
  • Some banks apply special rules for specific deposit schemes, senior citizen rates, or promotional rates that are not captured by this calculator.
  • Actual penalty amounts may differ based on your specific account terms, the bank's internal policies, or regulatory changes.
  • Tax implications of early withdrawal are not considered by this calculator.

Always verify the actual penalty with your bank before making a withdrawal decision.

4. Loan Alternative Estimates

The loan-against-FD/CD comparison is an estimate based on the common practice of banks offering loans at FD rate + 2%. Actual loan terms, including eligibility, processing fees, and interest rates, vary by bank and are determined solely by the lending institution.

5. Intellectual Property

All content on this Site, including the calculator logic, design, text, and graphics, is the property of fdbreakcalculator.com. You may not reproduce, distribute, or create derivative works without written permission.

6. Limitation of Liability

Under no circumstances shall fdbreakcalculator.com or its operators be held liable for any direct, indirect, incidental, or consequential damages arising from the use of this calculator or reliance on the information it provides. You are solely responsible for any financial decisions you make.

7. Changes to Terms

We reserve the right to modify these terms at any time. Changes will be effective immediately upon posting. Your continued use of the Site constitutes acceptance of the updated terms.

8. Contact

For questions about these terms, please visit our Contact page.