FD Calculator

Calculate your fixed deposit maturity value with quarterly compounding. See the real picture: post-tax returns, TDS impact, inflation-adjusted value, and whether your FD is actually growing your wealth or losing purchasing power.

FD Maturity

₹7.1L

%
years
%
%

FD Maturity Value

₹7,07,389

1.41× your deposit — ₹2,07,389 interest earned

Interest earned

₹2,07,389

29% of maturity

Post-tax maturity

₹6,45,172

Tax: ₹62,217 at 30%

Return Analysis

Nominal rate7.0%
After tax (30%)5.2%
Real return (after inflation)-0.7%

Losing purchasing power

Real return is -0.7% — your FD is losing value after tax and inflation. Consider equity or PPF for long-term goals.

Maturity Composition

Principal (71%)
Interest (29%)

Monthly income (non-cumulative)

₹2,917

Simple interest payout

Inflation-adjusted value

₹5,28,602

Today's purchasing power

Tax Treatment

TDS threshold
₹50,000/year
Annual TDS (indicative)
Nil
Total tax over tenure
₹62,217

No TDS deducted — annual interest is below the ₹50,000 threshold. Interest is still taxable at slab rate when filing ITR.

Tax-Saving FD (Section 80C)

80C deduction
₹1,50,000
Tax saved (30% bracket)
₹45,000

5-year lock-in period. Deduction available only under old tax regime.

FD Balance Growth

₹0₹1L₹2L₹3L₹4L₹5L₹6L₹7L0yr1yr2yr3yr4yr5yrYears
Maturity value
Principal
Interest earned
Year-by-year FD growth showing interest, TDS, and closing balance
YearInterestBalance
1₹35,930₹5,35,930
2₹38,511₹5,74,441
3₹41,279₹6,15,720
4₹44,245₹6,59,965
5₹47,424₹7,07,389

FD rules: Most banks compound interest quarterly. Interest is taxable at your slab rate. TDS is deducted at 10% (20% without PAN) if interest exceeds ₹50,000/year. Submit Form 15G to avoid TDS if total income is below taxable limit. Tax-saving FDs (5-year lock-in) qualify for Section 80C deduction up to ₹1,50,000.