India FD Calculator
India FD
Free Fixed Deposit calculator for India
₹
%
years
Formula
Maturity = P × (1 + r/n)^(n×t)
Frequently Asked Questions
How is FD interest calculated?
FD interest is calculated using compound interest: A = P × (1 + r/n)^(n×t), where P is principal, r is annual rate, n is compounding frequency, t is years.
Is FD interest taxable in India?
Yes, FD interest is taxable. TDS of 10% is deducted if interest exceeds ₹40,000/year (₹50,000 for senior citizens).
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