Calculate Fixed Deposit maturity amount and total interest earned for any bank FD or post office time deposit. Supports quarterly, monthly, half-yearly, and annual compounding.
Indian banks use the compound interest formula with quarterly compounding (most common):
A = P × (1 + r/n)n × t
| Bank Type | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| SBI / HDFC / ICICI | 6.5-6.8% | 6.5-7.0% | 6.5-7.0% |
| Small Finance Banks | 7.5-8.5% | 7.5-8.5% | 7.5-9.0% |
| Post Office TD | 6.9% | 7.1% | 7.5% |
| Senior citizen add-on | +0.25-0.5% | +0.25-0.5% | +0.25-0.5% |
A = P × (1 + r/n)n × t with quarterly compounding (n=4) being the Indian standard.
Yes, fully taxable at your slab rate in both regimes. TDS at 10% if interest exceeds ₹40K/year (₹50K seniors).
Yes — 5-year Tax-Saver FD qualifies for 80C up to ₹1.5L under Old Regime. Interest still taxable.
Major banks: 6.5-7.5%. Small Finance Banks: 7.5-9%. Post Office TD: 7-7.5%. Seniors get +0.25-0.5%.
FD: safe, taxable interest. PPF: 7.1% tax-free, 15-year. Debt MF: 7-9% market-linked, slab-rate taxed. Short-term → FD; long-term → PPF/Debt MF often better.
FD, RD, PPF, debt funds, bonds — each has different tax treatment. CA Swapnil Soni helps you pick the optimal mix for your goals.
📅 Book Free Consultation