Calculator
FD / Fixed Deposit Returns
Estimate FD maturity amount and tax on interest earned.
Fixed Deposit (FD) Returns
Estimate FD maturity value and tax on interest income.
Fixed Deposit
Maturity amount
₹7,24,974.01
Total interest earned
₹2,24,974.01
Tax on interest (incl. cess)
₹70,191.89
Net interest after tax
₹1,54,782.12
TDS Reference
Annual interest: ₹44,994.80 | TDS @10% applicable if annual interest exceeds ₹40,000 (₹50,000 for senior citizens). Estimated TDS deducted: ₹22,497.40
FD interest is taxed at your applicable slab rate each year on accrual basis (not just at maturity). Submit Form 15G/15H to bank if income is below taxable limit to avoid TDS deduction. Tax-saving FDs (5-year) qualify for 80C deduction under old regime.
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