"Do not save what is left after spending, but spend what is left after saving."
– Warren Buffett
– Warren Buffett
Estimate maturity value and interest earned on a fixed deposit.
Sanjay deposits ₹10 lakh in a 5-year FD at 7% with quarterly compounding. The maturity estimate is about ₹14.15 lakh — interest of roughly ₹4.15 lakh. At a 30% tax slab, the post-tax gain is about ₹2.9 lakh, barely above 6% inflation.
Uses quarterly compounding to estimate fixed-deposit maturity. Actual bank rates, taxes, payout frequency, and premature-withdrawal rules may differ.
The result is an educational estimate, not a guaranteed return or personal financial recommendation. Review current product documents and consult a qualified advisor before investing.
FDs offer capital protection and predictable returns — essential for short-term goals (<3 years) and the debt portion of a portfolio. But post-tax returns (7% → ~4.9% at 30% slab) often trail inflation. Use FDs for: emergency fund, near-term goals, portfolio stability. Do not use for long-term wealth creation. This calculator helps you compare FD maturity against inflation-adjusted targets.
Locking large sums in long-term FDs — you lose liquidity and miss rate hikes. Ladder FDs (1yr, 2yr, 3yr...) instead. Ignoring post-tax returns — 7% FD = 4.9% post-tax (30% slab) = negative real return at 6% inflation. Not using the ₹50,000 senior citizen exemption (Section 80TTB) for parents' FDs. Auto-renewal at lower rates — always review at maturity.
No. They are educational estimates based on the inputs and assumptions shown on this page.
No. Unless stated otherwise, taxes, fees, charges, and product-specific rules are not included.
Use it to compare scenarios, then verify current product documents and seek qualified advice before making a decision.
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