Bank Fixed Deposit (FD) & Savings Yield Calculator
Calculate Indian commercial bank Fixed Deposit maturity amounts using standard quarterly compounding, apply the +0.50% senior citizen rate benefit, and compare nominal deposit yields against India’s headline CPI inflation (5.54%).
Sample ₹5,00,000 Fixed Deposit Maturity Table (Quarterly Compounding)
Formula: A = P × (1 + r/4)4×t. Benchmarked against RBI Repo Rate (5.5%) and CPI Inflation (5.54%).
| Tenure | Regular FD (7.10%) | Senior Citizen FD (7.60%) | After -25 bps Rate Cut (6.85%) |
|---|---|---|---|
| 1 Year | ₹5,36,466 | ₹5,39,094 | ₹5,35,142 |
| 3 Years | ₹6,17,576 | ₹6,26,705 | ₹6,13,015 |
| 5 Years | ₹7,10,948 | ₹7,28,554 | ₹7,02,213 |
Frequently Asked Questions
How is Fixed Deposit maturity calculated in Indian commercial banks?
Cumulative Fixed Deposits in Indian banks compound quarterly using A = P × (1 + r/4)^(4×t), where P is principal, r is annual interest rate, and t is tenure in years.
Do RBI repo rate cuts immediately reduce existing Fixed Deposit rates?
Existing locked-in Fixed Deposits continue earning their contracted rate until maturity. Repo rate changes only impact fresh deposits and renewals as banks reprice card rates based on liquidity.
How do I check if my Fixed Deposit beats CPI inflation?
Subtract India's headline CPI inflation (5.54%) from your effective FD rate. A positive spread indicates real purchasing power growth before income tax.