FD calculator
Fixed deposit maturity and compound interest
Worked example
Using the default values, fd calculator gives a maturity value of ₹1,41,478.
| Item | Value |
|---|---|
| Tenure | 5 years |
| Growth multiple | 1.41× |
| Effective yield | 7.2% p.a. |
| Maturity value | ₹1,41,478 |
What you need
- Principal
- Interest rate
- Tenure
- Compounding
Important
Interest on fixed deposits is taxable at your slab rate. Banks deduct TDS at 10% once interest crosses the annual threshold.