What will my fixed deposit be worth?
A fixed deposit pays a guaranteed rate for a fixed term. How often the interest compounds changes the result, so pick the frequency your bank actually uses. Most Indian banks compound quarterly.
Maturity value
₹1,41,478
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Compare fixed deposits from banks and NBFCs and book one in the Stable Money app, without opening a new bank account. Rates, tenure and terms are set by each bank or NBFC.
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Indicative only. Your lender’s figures may differ. Nothing you enter here is sent anywhere or stored.
A = P × (1 + r ÷ n)ⁿᵗ
P is the deposit, r the yearly rate, t the number of years and n how often interest is added each year. Most Indian banks compound quarterly (n = 4). The result is before tax.
If you enter
You get
These are the calculator's starting values. Change them above to see your own.
Compare interest rates and charges before you open one.
Kotak Mahindra Bank
IndusInd Bank
Equitas Small Finance Bank
DBS Bank India
Yes. Interest is added to your income and taxed at your slab rate. Banks deduct TDS once interest crosses ₹50,000 in a year (₹1 lakh for senior citizens), the limits since April 2025. This calculator shows the pre-tax figure.
Modestly, and more over longer terms. On ₹1,00,000 at 7% for five years, monthly compounding earns about ₹1,500 more than yearly (₹41,763 of interest against ₹40,255). It is worth knowing, but the rate is the main lever.
Usually yes. The bank pays interest at the rate for the time the money actually stayed, minus a premature withdrawal penalty. Tax-saving FDs have a five-year lock-in and cannot be broken early.
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