₹50L FD at 7.5% Interest Rate
Maturity amount for ₹50L FD at 7.5% over 5 years.
₹
%
Years
* All calculations are approximate.
Related Scenarios
Important — Read Before You Decide
- FD interest is fully taxable as per your income tax slab
- TDS of 10% is deducted if interest exceeds ₹40,000/year
- Premature withdrawal attracts penalty of 0.5%–1%
- FD rates may not beat inflation in many years
- Senior citizens get 0.25%–0.5% higher interest rate
- Tax-saving FDs have a 5-year lock-in period
What Happens If You Ignore These?
- Returns may not keep up with inflation, reducing real value
- Unexpected tax liability on interest earned
- Penalty charges on premature withdrawal
- Missing better investment opportunities
Smart Tips
- Use FD laddering — split into multiple FDs with different tenures
- Submit Form 15G/15H to avoid TDS if below taxable income
- Compare rates across banks — small FD banks often offer higher rates
- Consider debt mutual funds for better post-tax returns