Fixed Deposit (FD)
A Fixed Deposit is a secure investment where you deposit a lump sum for a fixed tenure at a predetermined interest rate.
Taxation: FD interest is fully taxable as per your income tax slab.
Check your Fixed Deposit (FD) maturity amount with quarterly compounding.
| Year | Principal | Interest Earned (Yearly) | Closing Balance |
|---|
A Fixed Deposit is a secure investment where you deposit a lump sum for a fixed tenure at a predetermined interest rate.
Taxation: FD interest is fully taxable as per your income tax slab.