FD Calculator

Fixed deposit with compounding options and TDS

🏦FD Calculator

Fixed Deposit calculator with TDS preview. Actual tax settled at filing.

Deposit Amount: ₹1,00,000

Tenor: 12 Months

Interest Rate: 7.5% p.a.

Typical FD: 5-9%

FD Type

Compounding Frequency

Senior Citizen (+0.5%)

Effective rate: 7.5%

₹1,07,714

Maturity Value

Interest (Gross): ₹7,714

💡 Actual tax settled at filing; this is a preview. TDS applies if interest exceeds ₹40,000 (₹50,000 for senior citizens).

Frequently Asked Questions

Yes, FD interest is taxable as per your income slab. Banks deduct 10% TDS if interest exceeds ₹40,000/year (₹50,000 for senior citizens).

Monthly compounding gives slightly higher returns as interest is reinvested more frequently.