₹2 lakh fixed deposit for 3 years at 6.5%: maturity and interest
₹2,00,000 in an FD at 6.5% for 3 years → maturity ₹2,42,682, interest earned ₹42,682 (quarterly compounding).
- Maturity amount
- ₹2,42,682
- Interest earned
- ₹42,682
- Compounding
- Quarterly
| Tenure / rate | Maturity | Interest |
|---|---|---|
| 1 year | ₹2,13,320 | ₹13,320 |
| 2 years | ₹2,27,528 | ₹27,528 |
| 3 years | ₹2,42,682 | ₹42,682 |
| 5 years | ₹2,76,084 | ₹76,084 |
| 6% | ₹2,39,124 | ₹39,124 |
| 6.5% | ₹2,42,682 | ₹42,682 |
| 7% | ₹2,46,288 | ₹46,288 |
| 7.5% | ₹2,49,943 | ₹49,943 |
| 8% | ₹2,53,648 | ₹53,648 |
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 ₹2 lakh FD for 3 years at 6.5%?
₹2,42,682, with ₹42,682 earned as interest (quarterly compounding). Annual interest stays under the ₹40,000 TDS threshold for non-senior depositors.
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.