Investment Setup
Formatting choice only. No exchange rate conversion is applied.
₹ 1,00,000
₹
7.1%
%
5 Years
Years
Maturity Summary
Nominal Maturity Value
₹ 1,42,210
Invested Amount
₹ 1,00,000
Estimated Interest
₹ 42,210
Calendar & Tax Insights
Your deposit matures on May 29, 2031. Under an estimated 0% tax bracket, your post-tax yield is calculated as:
Post-Tax Maturity
? 1,42,210
Tax Liability (TDS)
? 0
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Fixed Deposit Calculation Formulas
The mathematical compound growth model used to compute FD returns is:
A = P × ( 1 + r / n ) ( n × t )
Where:
- A = Maturity Amount
- P = Principal Invested Sum
- r = Annual Rate of Interest (decimal)
- n = Compounding cycles per annum (e.g. 4 for quarterly)
- t = Tenure in Years
Fixed Deposit Growth Ledger
| Year | Opening Balance | Interest Earned | Closing Balance |
|---|
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Frequently Asked Questions
In a cumulative FD, the interest earned is compounded and paid out at maturity, creating higher wealth gains. In a non-cumulative FD, the interest is paid out periodically (monthly or quarterly), providing regular income but less compounding growth.
Yes, FD interest earned is fully taxable according to your income tax slab regime rates. If your annual interest income across all deposits in a bank exceeds ₹40,000 (₹50,000 for senior citizens), the bank will deduct Tax Deducted at Source (TDS) at 10%.