FD Calculator
Maturity value for a cumulative FD, or the regular income from a payout FD, and what you keep after tax.
Maturity value
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Total interest
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Effective yield
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per year
Post-tax yield
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| Tax on interest (at your slab) | |
| Interest after tax | |
| Bank TDS applies when FY interest exceeds |
FD interest is taxed every year as it accrues, even in a cumulative FD. Banks deduct 10% TDS once a year's interest crosses the threshold; if your total income is below the taxable limit, submit Form 15G/15H to avoid it.