FD Calculator
Calculate your Fixed Deposit maturity value, post-tax returns, and effective yield based on your tax slab.
INPUTS
No deductions applicable. 7 slabs from Nil (up to Rs. 4L) to 30% (above Rs. 24L).
YOUR RETURNS
- •Tax drag: 0.83%. Your 7.00% headline rate reduces to 6.17% after 15% tax on interest.
- •DICGC cover: Projected maturity of ₹6,15,720 exceeds the Rs. 5L insurance limit. Each depositor is covered up to Rs. 5L per bank, principal and interest combined.
Maturity amount
₹6,15,720
after 3 years
Post-tax maturity
₹5,98,362
Total interest earned
₹1,15,720
Effective yield post-tax
6.17%
p.a.
Tax on interest
₹17,358
₹5,00,000 (81.2%)
₹98,362 (16.0%)
₹17,358 (2.8%)
Is your FD working as hard as it should?
Get your wealth check-up todayDisclaimer: This calculator assumes quarterly compounding (standard for Indian bank FDs). Post Office FDs compound annually; some NBFCs compound monthly. Tax is applied on total interest at maturity. In practice, TDS on FD interest is deducted annually (10% with PAN, 20% without). Senior citizen rates (additional 0.25-0.50%) are not differentiated. Non-cumulative FDs with periodic payouts are not modelled.