FD Tax Calculator
What will you keep after tax?
FD interest is added to your income and taxed at your slab rate.
₹5,00,000
24 months
Estimated returns
Maturity amount
₹5,80,111
PrincipalInterest
- Invested
- ₹5,00,000
- Rate
- 7.50% p.a.
- Estimated interest
- ₹80,111
- Effective yield
- 7.71%
- Avg. monthly interest
- ₹3,338
- Estimated tax
- ₹16,022
- Post-tax interest
- ₹64,089
Estimates only. Final values depend on issuer terms, rounding, compounding and payout conventions.
Things to know
Banks deduct TDS when interest crosses the annual threshold. Eligible investors can submit Form 15G (or 15H for senior citizens) to avoid TDS. Cess and surcharge are not included in this estimate. Consult a tax adviser for your situation.