FD Calculator
Calculate the maturity value and interest earned on a Fixed Deposit. Model different rates, tenures and compounding frequencies.
Most Indian banks compound FD interest quarterly. Interest earned is taxable as per your income slab; TDS applies above ₹40,000/year.
Maturity Value
How is FD interest compounded?
Most Indian banks compound FD interest quarterly, though monthly and cumulative options exist depending on the scheme.
Is FD interest taxable?
Yes — FD interest is fully taxable as per your income slab. Banks deduct 10% TDS if annual interest exceeds ₹40,000 (₹50,000 for seniors).
What is a tax-saver FD?
A 5-year tax-saving FD qualifies for a Sec 80C deduction up to ₹1.5 lakh, but has a lock-in and no premature withdrawal.
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