CoinFixed deposit maturity table
FD of ₹10 lakh for 5 years: ₹14,14,778
At 7% a year, compounded quarterly, ₹10,00,000 earns about ₹4,14,778 in 5 years. A monthly-payout FD would pay roughly ₹5,833 a month instead.
₹10 lakh FD maturity by tenure (7%)
| Tenure | Interest earned | Maturity value |
|---|---|---|
| 1 year | ₹71,859 | ₹10,71,859 |
| 2 years | ₹1,48,882 | ₹11,48,882 |
| 3 years | ₹2,31,439 | ₹12,31,439 |
| 5 years | ₹4,14,778 | ₹14,14,778 |
| 7 years | ₹6,25,413 | ₹16,25,413 |
| 10 years | ₹10,01,597 | ₹20,01,597 |
Same FD at different rates (5 years)
| Interest rate | Interest earned | Maturity value |
|---|---|---|
| 6% | ₹3,46,855 | ₹13,46,855 |
| 6.5% | ₹3,80,420 | ₹13,80,420 |
| 7% | ₹4,14,778 | ₹14,14,778 |
| 7.5% | ₹4,49,948 | ₹14,49,948 |
| 8% | ₹4,85,947 | ₹14,85,947 |
Cumulative FD with quarterly compounding, before tax. Bank rates vary by bank, tenure and age and change over time.
Safety and tax
Bank deposits are insured by DICGC up to ₹5 lakh per depositor per bank, covering principal and interest together — so a ₹10 lakh deposit is only partly covered at a single bank; spreading it across banks keeps each part within the limit. Interest is taxed at your slab rate, and TDS applies once a bank pays you more than ₹50,000 of interest in a year (₹1 lakh for senior citizens). For long-term savings, compare with FD vs RD vs PPF.
Frequently asked questions
What is the maturity value of a ₹10 lakh FD for 5 years?
At 7% with quarterly compounding, a ₹10,00,000 cumulative fixed deposit matures at about ₹14,14,778 after 5 years — ₹4,14,778 of interest. Rates differ between banks and change over time, so check your bank's current rate.
How much monthly interest will I get on a ₹10 lakh FD?
About ₹5,833 a month at 7% if you choose a monthly-payout (non-cumulative) FD. Banks often pay slightly less on monthly payouts than the quarterly rate. Choosing a cumulative FD instead reinvests the interest and pays more at maturity.
Is interest on a ₹10 lakh FD taxable?
Yes. FD interest is added to your income and taxed at your slab rate. Banks deduct TDS once a year's interest from one bank exceeds ₹50,000 (₹1 lakh for senior citizens); first-year interest here is about ₹71,859. You can submit Form 15G/15H if your total income is below the taxable limit.
Other FD amounts
- FD of ₹2 lakh
- FD of ₹3 lakh
- FD of ₹5 lakh
- FD of ₹15 lakh
- FD of ₹20 lakh
- FD of ₹25 lakh
- All FD amounts →
- Recurring deposit calculator →
- Senior Citizens Savings Scheme →
Educational estimate by CoinCalc. See how we calculate.