FD calculator
6.05% a year · Insured up to ₹5L per bank · Interest taxed at your slab rate
Maturity amount after 5 yearsAfter tax, in today's money
₹1,35,018
You keep ₹1,24,092 after ₹10,925 tax on the interest along the way.₹1,24,092 after tax is worth this much at today's prices, if prices rise 5.54% a year.- You put in
- ₹1.00 L
- Interest earned
- ₹35,018
- Tax
- ₹10,925
4.26% a yearafter tax
Balance at the end of each yearBalance each year, in today's moneyYour moneyEarned
See year by year
| Year | Put in | Balance | Tax so far |
|---|---|---|---|
| 1 | ₹1,00,000 | ₹1,06,189 | ₹1,931 |
| 2 | ₹1,00,000 | ₹1,12,760 | ₹3,981 |
| 3 | ₹1,00,000 | ₹1,19,739 | ₹6,158 |
| 4 | ₹1,00,000 | ₹1,27,149 | ₹8,470 |
| 5 | ₹1,00,000 | ₹1,35,018 | ₹10,925 |
Good to know
- FD interest is taxed every year as it's earned, even though you get it only at maturity. Banks deduct 10% TDS once a year's interest crosses the threshold; the rest is due with your return.
- Rates differ from bank to bank and change with RBI policy. The default is SBI's card rate; put in your own bank's rate.
- Bank deposits are insured up to ₹5 lakh per person per bank, interest included. Company FDs are not insured.