Runs in your browser · Last updated 7 September 2026
Free 80TTA / 80TTB Interest Calculator (India)
Free 80TTA / 80TTB interest calculator. ₹10,000 savings (under 60) or ₹50,000 senior deposits — old regime only. Browser tool — nothing is uploaded.
Statutory caps, unchanged in recent Budgets: 80TTA ₹10,000 on savings-account interest if you are under 60; 80TTB ₹50,000 on savings plus term deposits if you are 60+. New regime: both sections are closed. 80TTA does not cover FD interest.
Section used
80TTA
Allowed deduction
₹10,000
Cap
₹10,000
Eligible interest
₹12,000
Room left
₹0
New-regime block
No
How to use this tool
- Enter age and old vs new regime.
- Split savings-account interest from FD / RD / post-office interest.
- Read the section, allowed deduction, and leftover room.
Worked example
Age 40, ₹14,000 savings interest plus ₹80,000 FD interest, old regime: 80TTA allows ₹10,000 — the FD interest does not enter the bucket. Age 62 with ₹8,000 savings plus ₹30,000 FD: 80TTB allows ₹38,000, ₹12,000 still unused under ₹50,000. Compare the rest of old-regime room on the 80C calculator and old vs new regime.
Frequently asked questions
- What is 80TTA vs 80TTB?
- 80TTA: up to ₹10,000 of savings-account interest if you are under 60. 80TTB: up to ₹50,000 of interest from savings plus FDs/RDs/post office if you are a resident senior citizen (60+). Caps are statutory and unchanged in recent Budgets.
- Does the new regime allow this?
- No. Chapter VI-A deductions including 80TTA and 80TTB are closed in the default new regime for FY 2026-27. Switch the toggle to see ₹0.
- Can a 40-year-old deduct FD interest here?
- Not under 80TTA. FD/RD interest is taxable for non-seniors; only savings-account interest fits 80TTA. Seniors use 80TTB for both.
- Is this the same as 80C?
- No. 80C is a separate ₹1.5 lakh basket (PPF, ELSS, life premium). This page is interest on deposits.
- Uploaded?
- No.