FD calculator
Maturity value of a fixed deposit.
Quick answer
An FD calculator estimates fixed deposit maturity value in India using quarterly compounding (standard for bank FDs). Enter principal, interest rate, and tenure to see gross maturity and approximate post-tax value at your slab.
At maturity
₹1,00,000 locked for 5 years at 7%.
- Interest earned
- ₹41,478
- After 30% tax (est.)
- ₹1,29,034
FD interest is taxable at your slab — a debt fund or PPF can be more tax-efficient for long horizons.
Rates & rules checked on 15 June 2026 · based on FY 2025-26 (AY 2026-27).
What this tells you
A Fixed Deposit locks a lump sum for a set term at a guaranteed rate. Safe and predictable — but the interest is fully taxable at your slab, which quietly eats real returns.
How it's calculated
Indian FDs typically compound quarterly: maturity = principal × (1 + r/4)^(4×years). We also show the value after an assumed 30% tax on the interest.
Common questions
- Is FD interest taxed?
- Yes, fully, at your income-tax slab — and TDS is deducted if interest crosses ₹40,000 (₹50,000 for seniors) a year. That's why PPF or debt funds can beat FDs after tax for long horizons.
- Are FDs safe?
- Bank FDs are insured up to ₹5 lakh per bank under DICGC. For larger amounts, split across banks.
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Sources
For general education, not personalised financial advice. Verify current rates and rules before acting — tax laws and interest rates change.