CoinFixed deposit maturity table
FD of ₹5 lakh for 5 years: ₹7,07,389
At 7% a year, compounded quarterly, ₹5,00,000 earns about ₹2,07,389 in 5 years. A monthly-payout FD would pay roughly ₹2,917 a month instead.
₹5 lakh FD maturity by tenure (7%)
| Tenure | Interest earned | Maturity value |
|---|---|---|
| 1 year | ₹35,930 | ₹5,35,930 |
| 2 years | ₹74,441 | ₹5,74,441 |
| 3 years | ₹1,15,720 | ₹6,15,720 |
| 5 years | ₹2,07,389 | ₹7,07,389 |
| 7 years | ₹3,12,706 | ₹8,12,706 |
| 10 years | ₹5,00,799 | ₹10,00,799 |
Same FD at different rates (5 years)
| Interest rate | Interest earned | Maturity value |
|---|---|---|
| 6% | ₹1,73,428 | ₹6,73,428 |
| 6.5% | ₹1,90,210 | ₹6,90,210 |
| 7% | ₹2,07,389 | ₹7,07,389 |
| 7.5% | ₹2,24,974 | ₹7,24,974 |
| 8% | ₹2,42,974 | ₹7,42,974 |
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 ₹5 lakh FD for 5 years?
At 7% with quarterly compounding, a ₹5,00,000 cumulative fixed deposit matures at about ₹7,07,389 after 5 years — ₹2,07,389 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 ₹5 lakh FD?
About ₹2,917 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 ₹5 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 ₹35,930. You can submit Form 15G/15H if your total income is below the taxable limit.
Other FD amounts
- FD of ₹1 lakh
- FD of ₹2 lakh
- FD of ₹3 lakh
- FD of ₹10 lakh
- FD of ₹15 lakh
- FD of ₹20 lakh
- All FD amounts →
- Recurring deposit calculator →
- Senior Citizens Savings Scheme →
Educational estimate by CoinCalc. See how we calculate.