About this tool

Bank FD Maturity Calculator with TDS

Fixed deposit maturity value with quarterly compounding, year-wise interest accrual, section 194A TDS and your post-tax return.

This calculator returns the maturity value of a cumulative bank fixed deposit using the quarterly compounding Indian banks actually apply — P x (1 + r/4)^(4n) — and then shows the interest credited in each year, the tax deducted at source under section 194A, and what the deposit is worth after tax at your slab rate. It is for depositors who want the post-tax number rather than the headline rate, because a 7% deposit yields 7.19% effective before tax and much less after it.

How to use Bank FD Maturity Calculator with TDS

1. 1

   Open Bank FD Maturity Calculator with TDS on AltFTool — it loads instantly in your browser.

2. 2

   Enter the values you already know.

3. 3

   Fine-tune the options to match your scenario.

4. 4

   Read the result and use it in your planning or reporting.

Why use Bank FD Maturity Calculator with TDS

• Real compounding convention

  Uses quarterly compounding, so the effective yield is higher than the quoted nominal rate.

• Year-wise TDS test

  Applies the threshold to each year's credited interest, the way a bank actually deducts.

• Post-tax return shown

  Converts the after-tax value back into an annual percentage you can compare with other products.

Common use cases

• Compare a 7.1% five-year deposit against a debt fund by looking at the post-tax annual return rather than the coupon.
• Check in which year a large deposit's interest crosses the ₹50,000 TDS threshold so you can time Form 15G.
• Work out the balance tax to keep aside when your slab rate is 30% but the bank has only withheld 10%.

Frequently asked questions