Zakat Calculator for Cash & Savings in India 2026
Calculate your Zakat on cash & savings in India for 2026. Free online calculator with real-time prices in INR. Hanafi madhab guidelines. Accurate and scholarly verified.
💵Cash & Savings Zakat Calculator
🇮🇳India · INR
1Configuration
School of Jurisprudence (Madhab)
Nisab Threshold Basis
ℹ️ Gold: ~₹7,470.00/g · Silver: ~₹85.00/g (approximate — connecting to live prices...)
2Your Zakatable Assets
🥇 Gold
🥈 Silver
Bank accounts, savings, deposits, cash on hand.
Total market value of all crypto holdings.
Inventory + cash on hand + trade receivables. Exclude fixed assets (machines, furniture).
🏠 Real Estate
Primary residence is exempt (scholarly consensus). Zakatable below applies only to property held for resale or rental income.
Only the amount saved — not the property value itself.
3Debts & Liabilities
Debts due within the next 12 months may be deducted in the Hanafi madhab.
Only next 12 months of payments — not the total outstanding balance.
4Zakat Calculation Result
Enter your assets above to see your Zakat calculation.
Important Disclaimer
This calculator provides a general estimate based on commonly accepted scholarly guidelines. Zakat obligations can vary based on individual circumstances, madhab, and local scholarly opinions. Always consult a qualified Islamic scholar for a ruling specific to your situation. This tool does not constitute a fatwa or religious ruling.
About Cash & Savings Zakat in India
Calculate Zakat on your cash savings, bank accounts, and deposits in India. Our free calculator uses the Hanafi madhab nisab threshold in INR. Includes fixed deposits, foreign currency, and all liquid assets held for one lunar year.
Hanafi Madhab Rule
Uses silver nisab (~595g value) — lower threshold, more people pay Zakat. Bank interest (riba) on principal is still zakatable — the interest itself must be purified (given away).
Source: Darul Uloom Deoband
Frequently Asked Questions
What is the nisab for cash and savings in India?
The nisab for cash depends on your madhab. The Hanafi school (predominant in India) uses the silver nisab. Use our calculator for the exact threshold in INR.
Do I pay Zakat on my bank account?
Yes. All cash holdings including bank accounts, savings accounts, fixed deposits, and cash on hand are zakatable if the total exceeds nisab for one lunar year.
Is bank interest (riba) subject to Zakat?
The principal amount is zakatable. Bank interest is considered impermissible (riba) and should be purified — given away entirely to charity without expecting reward. Consult your local scholar.
Are debts deductible from my cash Zakat?
In the Hanafi school, debts due within 12 months are deductible from zakatable wealth. The Shafi'i school does not allow any debt deductions.