FD Calculator
Free · Live calculation · Your data stays in your browser
Deposit Details
Calculate your FD maturity value
Banks: 6-7.5% · Small Finance: 7.5-9%
Compounding Frequency
Your Tax Slab
Maturity Amount
₹7,10,873
After 5 years at 7.1% per annum
Principal
₹5,00,000
Interest
+₹2,10,873
Pre-Tax Yield
7.29%
The Real Picture (After Tax)
FD interest is fully taxable as per your slab
Post-Tax Maturity
₹6,68,699
Tax: ₹42,175
Post-Tax Yield
5.99%
vs Inflation 6%
Real Return (After Tax & Inflation)
-0.01%
Insight
Your real return is negative — this FD is losing purchasing power to inflation. Consider equity MFs or hybrid funds for long-term goals.
Pro Tip
- •Tax-saving FDs (5-year lock-in) qualify for ₹1.5L deduction under 80C.
- •Senior citizens get 0.25-0.75% extra interest at most banks.
- •Quarterly compounding gives slightly higher returns than yearly at same rate.
- •Consider laddering FDs across maturities for better liquidity.
What is FD Calculator?
A Fixed Deposit (FD) is a financial instrument where you deposit a lump sum with a bank for a fixed period at a guaranteed interest rate. FDs are the safest investment in India, backed by DICGC insurance up to ₹5 lakh per bank. While FDs offer capital safety, the interest is fully taxable, making real returns (after tax & inflation) often negative.
How to Use
- 1Enter your deposit amount
- 2Choose interest rate (current bank FDs offer 6-7.5%)
- 3Set tenure in years
- 4Choose compounding frequency (quarterly is most common)
- 5See post-tax returns based on your tax slab
Formula
A = P × (1 + r/n)^(n×t)
Where: A=Maturity, P=Principal, r=rate, n=compounding/year, t=yearsFrequently Asked Questions
Yes, bank FDs are insured by DICGC up to ₹5 lakh per depositor per bank. Even if the bank fails, you get ₹5L back. For amounts above this, spread across multiple banks for safety.