🏦 Bank Returns

Fixed Deposit (FD) Calculator

Calculate exact maturity corpus and total interest earned on fixed deposits with quarterly compounding.

FD Inputs

₹
%
Yrs

Maturity Summary

Maturity Corpus
₹0
Total Interest Earned₹0

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Sourced Bank Rates & Tax Deductions (TDS)

Fixed Deposit interest is fully taxable as per your income tax slab rate. Under Section 194A guidelines issued by the Income Tax Department of India, banks deduct 10% TDS if annual FD interest exceeds ₹40,000 (₹50,000 for senior citizens).