CoinFixed deposit maturity table
FD of ₹2 lakh for 5 years: ₹2,82,956
At 7% a year, compounded quarterly, ₹2,00,000 earns about ₹82,956 in 5 years. A monthly-payout FD would pay roughly ₹1,167 a month instead.
₹2 lakh FD maturity by tenure (7%)
| Tenure | Interest earned | Maturity value |
|---|---|---|
| 1 year | ₹14,372 | ₹2,14,372 |
| 2 years | ₹29,776 | ₹2,29,776 |
| 3 years | ₹46,288 | ₹2,46,288 |
| 5 years | ₹82,956 | ₹2,82,956 |
| 7 years | ₹1,25,083 | ₹3,25,083 |
| 10 years | ₹2,00,319 | ₹4,00,319 |
Same FD at different rates (5 years)
| Interest rate | Interest earned | Maturity value |
|---|---|---|
| 6% | ₹69,371 | ₹2,69,371 |
| 6.5% | ₹76,084 | ₹2,76,084 |
| 7% | ₹82,956 | ₹2,82,956 |
| 7.5% | ₹89,990 | ₹2,89,990 |
| 8% | ₹97,189 | ₹2,97,189 |
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. 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 ₹2 lakh FD for 5 years?
At 7% with quarterly compounding, a ₹2,00,000 cumulative fixed deposit matures at about ₹2,82,956 after 5 years — ₹82,956 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 ₹2 lakh FD?
About ₹1,167 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 ₹2 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 ₹14,372. You can submit Form 15G/15H if your total income is below the taxable limit.
Other FD amounts
- FD of ₹1 lakh
- FD of ₹3 lakh
- FD of ₹5 lakh
- FD of ₹10 lakh
- All FD amounts →
- Recurring deposit calculator →
- Senior Citizens Savings Scheme →
Educational estimate by CoinCalc. See how we calculate.