Assumptions
Calculations assume fixed interest rate throughout the tenure and do not account for TDS (Tax Deducted at Source). Interest income is fully taxable according to your income tax slab.
Conclusion
Your FD will mature to ₹1,41,478.
By investing ₹1.00L at 7.0% p.a. for 5 years, you will earn ₹41.5K in total interest.
Total Maturity
₹1.41L
Principal Amount
₹1.00L
Total Interest
₹41.5K
Value in Today's Money
₹1.06L
Adjusted for 6.0% annual inflation over 5 years.