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Calculate the maturity amount for a ₹1,00,000 fixed deposit at various interest rates and tenures.
Calculate your guaranteed returns with tax estimation
A Fixed Deposit is a low-risk investment where you park a lump sum for a specific period at a fixed interest rate. It offers higher returns than a savings account.
Our calculator follows the Quarterly Compounding method, which is the standard practice for most Indian banks like SBI, HDFC, and ICICI.
The FD Formula
Usually 0.50% higher interest rate than regular accounts.
10% TDS if interest income exceeds ₹40k (₹50k for seniors).
5-year lock-in FD offers tax deduction under Section 80C.
You can take a loan up to 90-95% of the FD value if needed.
1 Year
₹1,07,186
Interest: ₹7,186
3 Years
₹1,23,144
Interest: ₹23,144
5 Years
₹1,41,478
Interest: ₹41,478
Find answers to common questions about this calculator below.
For a ₹1,00,000 FD at 7% interest compounded quarterly for 1 year, the maturity amount is approximately ₹1,07,186 with interest of ₹7,186.
For a ₹1,00,000 FD at 7% interest compounded quarterly for 3 years, the maturity amount is approximately ₹1,23,144 with interest of ₹23,144.
For a ₹1,00,000 FD at 7% interest compounded quarterly for 5 years, the maturity amount is approximately ₹1,41,478 with interest of ₹41,478.
If the total interest from all FDs exceeds ₹40,000 in a financial year (₹50,000 for senior citizens), TDS at 10% is deducted. Submit Form 15G/15H if your total income is below the taxable limit to avoid TDS.