FD Calculator
Compare FD returns with TDS, senior citizen rates, and compounding frequencies for Indian banks.
Share:
₹1,000₹1,00,00,000
1%15%
0.25 years10 years
Maturity Amount
₹1,21,341
Net Interest Earned
₹21,341
Effective Rate
6.66%
Year-wise Breakdown
| Year | Opening | Interest | Closing |
|---|---|---|---|
| Year 1 | ₹1,04,955 | ₹1,706 | ₹1,06,660 |
| Year 2 | ₹1,11,945 | ₹1,819 | ₹1,13,764 |
| Year 3 | ₹1,19,400 | ₹1,940 | ₹1,21,341 |
How is this calculated?
FD maturity uses compound interest: A = P × (1 + r/n)^(n×t) where P = principal, r = annual rate, n = compounding frequency, t = tenure in years. TDS is deducted from the total interest earned. Senior citizens get an additional 0.5% interest rate.