₹5L Fixed Deposit for 1 Year
FD maturity amount for ₹5L deposit at 7% for 1 year.
₹
%
Years
* ਸਾਰੀਆਂ ਗਣਨਾਵਾਂ ਅਨੁਮਾਨਿਤ ਹਨ।
Related Scenarios
ਮਹੱਤਵਪੂਰਨ — ਫੈਸਲਾ ਲੈਣ ਤੋਂ ਪਹਿਲਾਂ ਪੜ੍ਹੋ
- 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
ਇਨ੍ਹਾਂ ਨੂੰ ਨਜ਼ਰਅੰਦਾਜ਼ ਕਰੋਗੇ ਤਾਂ ਕੀ ਹੋਵੇਗਾ?
- 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
ਸਮਾਰਟ ਸੁਝਾਅ
- 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