Reva Money · Calculators · FD calculator
Work out the maturity value and interest on a fixed deposit compounded every quarter, and what it is worth after inflation.
| Deposit | ₹5.00 L |
|---|---|
| Interest rate a year | 7% |
| Years | 5 years |
| At maturity | ₹7.07 L |
| Interest earned | ₹2.07 L |
| Effective yearly rate | 7.19% |
| In today’s money at 6% inflation | ₹5.29 L |
Most banks compound FD interest every quarter on cumulative deposits. The calculator does the same, before tax.
FD interest is taxed at your income-tax slab, and the bank may deduct TDS.
Formula: Maturity = P × (1 + r ÷ 4)^(4 × n), where P is the deposit, r the yearly rate and n the number of years.
About ₹7.07 L at maturity with quarterly compounding, before tax.
Yes. It is added to your income and taxed at your slab rate. The calculator shows the amount before tax.
Illustrative only. These figures assume steady returns, which real investments don’t give. They are not investment advice.