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FD Calculator
Calculate Fixed Deposit maturity amount and interest
₹
₹1,000₹10,00,000
%
1%15%
Maturity Details
Principal Amount₹1,00,000
Total Interest₹6,660
Maturity Amount₹1,06,660
Interest Rate
6.5% p.a.
Tenure
1 Year
Compounding
quarterly
Effective Yield
6.66%
Tax Information
Interest earned on Fixed Deposits is taxable as per your income tax slab. Banks deduct TDS of 10% if interest exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year.
Submit Form 15G/15H to avoid TDS if your income is below taxable limit.