🏦 FD Calculator
See how your fixed deposit grows over time. Adjust sliders to update.
💰 Net Worth
₹0
📈 Assets
₹0
📉 Liabilities
₹0
🎯 Score
78
Deposit Details
₹1,40,255
Total interest₹40,255
Effective yield8.0%
💡 Insight: Compounding works best over longer periods.
Principal vs Interest
How your maturity amount breaks down
🟡 Gold: principal · ⚫ Dark grey: interest
Frequently asked questions
Live answers from your FD · 10 topics
🏦 FD basics
An FD locks your money for a fixed tenure at a guaranteed rate. Your current principal is ₹1,00,000 at 7.0% for 5 yrs → maturity ₹1,40,255.
Using compound interest formula (annual compounding). Interest earned = ₹40,255, effective yield 8.0%.
📈 Interest & returns
Typically 5‑8%. Your current rate 7.0% is competitive. Senior citizens often get 0.5% higher.
Longer tenure = more compounding. Your 5‑year FD gives ₹40,255 interest. Extending to 10 years would roughly double interest (try it!).
📊 Comparing with other tools
FD for lump sum, RD for monthly savings. In INDwallet, you can also use RD Calculator (see cross‑promo below).
Yes, but penalty (usually 0.5‑1%) applies. Better to use Emergency Fund tool for liquidity needs.
💰 Tax & planning
Yes, interest ₹40,255 is added to income. TDS applicable if interest > ₹40,000 (₹50,000 for senior citizens).
Your net worth (summary card) is ₹0; FD maturity adds to assets. Simulate with different principals.
⚡ Goals & liquidity
Yes – treat FD as a dedicated goal. Your maturity after 5 years = ₹1,40,255.
Build emergency fund (3‑6 months expenses) before locking money in FD. See Emergency Fund tool below.
✨ specialised INDwallets
⭐ INDwallet · BOAST ⚡ GOLD standard