₹50 lakh fixed deposit for 3 years at 7%: maturity and interest
₹50,00,000 in an FD at 7% for 3 years → maturity ₹61,57,197, interest earned ₹11,57,197 (quarterly compounding).
- Maturity amount
- ₹61,57,197
- Interest earned
- ₹11,57,197
- Compounding
- Quarterly
| Tenure / rate | Maturity | Interest |
|---|---|---|
| 1 year | ₹53,59,295 | ₹3,59,295 |
| 2 years | ₹57,44,409 | ₹7,44,409 |
| 3 years | ₹61,57,197 | ₹11,57,197 |
| 5 years | ₹70,73,891 | ₹20,73,891 |
| 6% | ₹59,78,091 | ₹9,78,091 |
| 6.5% | ₹60,67,038 | ₹10,67,038 |
| 7% | ₹61,57,197 | ₹11,57,197 |
| 7.5% | ₹62,48,582 | ₹12,48,582 |
| 8% | ₹63,41,209 | ₹13,41,209 |
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 ₹50 lakh FD for 3 years at 7%?
₹61,57,197, with ₹11,57,197 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.