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Calculate fixed deposit maturity, interest earned, post-tax value, and growth over time — for cumulative and payout FDs.
Change any field and the result updates instantly.
₹2,00,000
7% per year
5 years / 60 months
Approximate — not exact TDS
How often interest is reinvested.
Interest compounds and is paid at maturity.
Every chart is built from the same result, so totals always match the cards and tables.
Of maturity
Value & cumulative interest by year
Year-wise interest
Where tax reduces your return
Estimated balance as interest compounds. Total tenure: 5 years / 60 months.
| Year | Opening | Interest | Closing value | Cumulative interest | Post-tax value |
|---|---|---|---|---|---|
| Year 1 | ₹2,00,000 | ₹14,372 | ₹2,14,372 | ₹14,372 | ₹2,14,372 |
| Year 2 | ₹2,14,372 | ₹15,405 | ₹2,29,776 | ₹29,776 | ₹2,29,776 |
| Year 3 | ₹2,29,776 | ₹16,512 | ₹2,46,288 | ₹46,288 | ₹2,46,288 |
| Year 4 | ₹2,46,288 | ₹17,698 | ₹2,63,986 | ₹63,986 | ₹2,63,986 |
| Year 5 | ₹2,63,986 | ₹18,970 | ₹2,82,956 | ₹82,956 | ₹2,82,956 |
A fixed deposit (FD) is a deposit you lock with a bank or company for a set period at a fixed interest rate. It is low-risk and returns your principal plus interest at maturity.
For a cumulative FD the bank compounds interest periodically using A = P × (1 + r/n)^(n×t), so you earn interest on your interest until maturity.
It is how often interest is added back to your balance — yearly, half-yearly, quarterly or monthly. More frequent compounding slightly increases the final amount.
A cumulative FD reinvests interest for a higher final value; a payout FD pays interest out regularly (monthly/quarterly/etc.) and returns only the principal at the end.
FD interest is taxable. Post-tax maturity is your maturity value after subtracting estimated tax on the interest, showing your real take-home return.
It is the true annualised growth rate of your deposit over the tenure, usually a little higher than the stated rate because of compounding.
Interest income from FDs is added to your total income and taxed at your slab rate; banks may also deduct TDS when interest crosses a threshold.
A longer tenure gives compounding more time to work, so the same deposit and rate grow to a larger maturity value.
Compare the effective annual yield and the post-tax maturity across options, not just the headline rate, and account for compounding frequency and payout mode.
A fixed deposit calculator estimates how much your FD will grow to at maturity, the interest you will earn, the value after tax, and the effective annual yield — based on your deposit, rate, tenure and compounding frequency.
For a cumulative FD it uses compound interest: A = P × (1 + r/n)^(n×t), where P is the deposit, r the annual rate, n the compounding frequency per year, and t the tenure in years.
In a cumulative FD the interest is compounded and paid together with the principal at maturity, so your money keeps earning interest on interest.
A payout FD pays the interest out periodically (monthly, quarterly, half-yearly or yearly) instead of reinvesting it, and returns the original principal at the end.
A cumulative FD usually gives a higher final value because interest compounds, while a payout FD gives regular income. The right choice depends on whether you need income now or growth later — this tool is for comparison, not advice.
More frequent compounding (monthly vs yearly) adds interest back sooner, so it earns a little extra interest over time and slightly increases the maturity value.
Yes. FD interest is generally taxable as per your income slab, and banks may deduct TDS. This calculator lets you enter an estimated tax rate to see an approximate post-tax value.
It is the maturity amount after subtracting estimated tax on the interest earned. It helps you see your real net return rather than just the headline figure.
It is the annualised growth rate of your deposit over the full tenure: ((maturity ÷ deposit)^(1/years) − 1) × 100. It is usually a little higher than the stated rate because of compounding.
Yes. Choose the monthly payout mode to see the periodic interest you would receive each month, plus the total payout and your returned principal.
Yes, as an estimate. Bank FDs typically compound quarterly, which is the default here, but always confirm the exact figure with your bank.
Yes. Enter the corporate FD rate, tenure and compounding/payout terms. Corporate FDs may have different risk and tax treatment than bank FDs.
Banks may use different compounding methods, day-count and rounding rules, TDS, senior-citizen rates, and premature-withdrawal penalties, so the real figure can vary slightly from this estimate.
Not exactly. It applies the estimated tax rate you enter to the interest, which is an approximation — not the precise TDS your bank deducts. Treat it as a planning estimate.
Disclaimer: This FD calculator provides estimates only. Actual fixed deposit maturity, payout, tax deduction, TDS, and interest may vary based on bank rules, compounding method, tenure rules, premature withdrawal penalties, taxation, senior citizen rates, and rounding. Please verify final maturity with your bank or financial institution.