₹10 lakh fixed deposit for 3 years at 6.5%: maturity and interest
₹10,00,000 in an FD at 6.5% for 3 years → maturity ₹12,13,408, interest earned ₹2,13,408 (quarterly compounding).
- Maturity amount
- ₹12,13,408
- Interest earned
- ₹2,13,408
- Compounding
- Quarterly
| Tenure / rate | Maturity | Interest |
|---|---|---|
| 1 year | ₹10,66,602 | ₹66,602 |
| 2 years | ₹11,37,639 | ₹1,37,639 |
| 3 years | ₹12,13,408 | ₹2,13,408 |
| 5 years | ₹13,80,420 | ₹3,80,420 |
| 6% | ₹11,95,618 | ₹1,95,618 |
| 6.5% | ₹12,13,408 | ₹2,13,408 |
| 7% | ₹12,31,439 | ₹2,31,439 |
| 7.5% | ₹12,49,716 | ₹2,49,716 |
| 8% | ₹12,68,242 | ₹2,68,242 |
How this is calculated
Maturity = P × (1 + r ÷ 4)^(4 × t), where r is the annual rate and t the tenure in years (quarterly compounding).
FD कैलकुलेटर: फिक्स्ड डिपॉज़िट की मैच्योरिटी राशि और ब्याज जानें — तिमाही चक्रवृद्धि (quarterly compounding), जैसा SBI, HDFC, ICICI और पोस्ट ऑफ़िस करते हैं।
Frequently asked
What is the maturity amount of a ₹10 lakh FD for 3 years at 6.5%?
₹12,13,408, with ₹2,13,408 earned as interest (quarterly compounding). Annual interest exceeds ₹40,000, so the bank will deduct 10% TDS unless you submit Form 15G/15H.
Is FD interest taxable?
Yes. FD interest is added to your income and taxed at your slab. Banks deduct TDS at 10% once interest crosses ₹40,000 a year (₹50,000 for senior citizens); submit Form 15G/15H if your total income is below the taxable limit.
Which is better, FD or debt mutual fund?
FDs give a guaranteed, known return and DICGC insurance up to ₹5 lakh per bank. Debt funds can beat FDs slightly but carry interest-rate and credit risk. For money you need within 1–2 years, an FD is usually the simpler choice.
Do senior citizens get a higher FD rate?
Most banks add 0.25–0.75% for depositors aged 60+. Enter your bank's senior rate in the calculator for the exact maturity amount.
Figures are computed exactly from the stated inputs. Bank rates, processing fees, insurance and taxes vary — treat this as the arithmetic, not an offer. Last computed October 2026.