FD Maturity Calculator (with TDS)
What your fixed deposit actually returns — after tax. Banks quote rates pre-tax; here's the honest number.
Inputs
₹
% p.a.
years
%
% p.a.
Your result
₹2.35 lakh
At a quoted 7.5% over 3 years, your ₹2,00,000 grows to ₹2.5 lakh gross. After 30% tax on interest, you actually keep ₹2.35 lakh — a real CAGR of 5.52%, or just -0.46% after 6% inflation.
- Maturity (gross)
- ₹2.5 lakh
- Maturity (post-tax)
- ₹2.35 lakh
- Tax on interest
- ₹14,983
- Post-tax CAGR
- 5.52%
- Real return (post-tax, post-inflation)
- -0.46%
Why FDs feel safer than they actually are
FDs are guaranteed in nominal rupees, not real wealth. A 7% FD held by someone in the 30% slab with 6% inflation gives a real return of −1.2% per year. You're losing purchasing power, slowly. That's the hidden cost of "safe."
When FDs do make sense
- Emergency fund. 3-6 months of expenses, sweep-FD inside a savings account. Liquid, safe.
- Goals 1-3 years out. Down payment due in Dec 2027? Don't put it in equity.
- Senior citizens, 0% slab. 7.5% FD with no tax beats a lot.
- Laddering for cashflow. A series of FDs maturing every 3 months gives you scheduled liquidity.