GlenCalc

FD calculator

Most Indian banks compound fixed deposit interest every quarter for cumulative deposits. Senior citizens usually get a slightly higher rate.

Your answer

Maturity value₹1,41,477.82
Interest earned₹41,477.82
Effective yearly yield7.186 %
  • Interest is taxable at your slab rate, and banks deduct TDS above the yearly threshold unless you submit Form 15G/15H where eligible.

Worked out in your browser. Nothing you type is sent to a server.

How we worked it out

Updated as you change the numbers.

  1. Maturity = P × (1 + r ÷ 4)^(4 × years) = ₹1,00,000.00 × (1 + 7% ÷ 4)^20.

Method and assumptions

Compound interest at the chosen frequency. Banks quote the yearly rate; the effective yield is a little higher with quarterly compounding.

Questions

What does ₹1 lakh in an FD at 7% become in 5 years?

₹1,41,478 with quarterly compounding.

Sources

Method and figures checked on October 31, 2026. Every worked answer on this page is covered by an automated test. Found a mistake? Tell us.

Embed this calculator on your site

Free to use. Paste this where you want the calculator; it runs in your visitors’ browsers, sets no cookies and never sends us anything your visitors type.

Related calculators