FD Calculator — ₹1 Lakh Fixed Deposit
See the maturity value of a ₹1 lakh Fixed Deposit at a given interest rate and tenure, after accounting for tax on interest.
FD Calculator — pre-filled with these numbers
Opens the full calculator with these values already set, in your own currency — adjust anything and the result updates instantly.
Open calculator →Standard quarterly-compounding FD formula: maturity = principal × (1 + rate/4)^(4×years). Interest is taxed at your marginal slab in the year it accrues (banks deduct TDS above the threshold), so the post-tax value is what you actually keep.
FD interest is added to your income and taxed at your full marginal slab every year it accrues, not just at maturity — there is no LTCG concession for fixed deposits, which is why they are tax-inefficient for high earners.
Is FD interest taxable?
Yes, FD interest is added to your taxable income and taxed at your slab rate — the calculator's tax field reflects this so the maturity value shown is post-tax, not the gross figure.
Is this a simplified version of the real calculator?
No — it's the exact same calculator, opened with these values already filled in. There's no separate, simplified math happening on this page; everything below adjusts once you open it.