Bank FD Interest Calculator
While the maturity amount is important, knowing the interest component helps you plan for taxes. This tool highlights the interest earned on your principal across different bank tenures in India.
Rs.
%
Maturity Amount
₹2,89,990
Invested Amount₹2,00,000
Interest Earned₹89,990
Maturity Value₹2,89,990
FD calculations assume quarterly compounding. Rates and payout rules vary by bank.
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Maturity Details for Bank FD Interest Calculator
The tool subtracts the principal from the maturity amount to show the total interest earned. Note that TDS is not deducted in this calculation.
Interest on ₹2 Lakh
For ₹2,00,000 at 7.5% for 5 years, the total interest earned is ₹89,989.
Fixed Deposit FAQs
How much TDS is deducted on FD?
10% TDS is deducted by banks if interest exceeds ₹40k. If PAN is not provided, 20% is deducted.