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FD Details
Deposit Amount
Rs 5,00,000
Rs 10,000
Rs 1,00,00,000
Interest Rate (p.a.)
7.0%
3%
10%
Years
Months
Compounding Frequency
Monthly
Quarterly
Half-yearly
Annually
Senior Citizen (60+) — extra 0.50% rate
Total Deposit
Rs 5,00,000
Interest Earned
Rs 1,15,720
Maturity Value
Rs 6,15,720
Principal (81%)
Interest (19%)
Year-wise Breakdown
Year
Opening Balance
Interest
Closing Balance
1
Rs 5,00,000
Rs 35,930
Rs 5,35,930
2
Rs 5,35,930
Rs 38,511
Rs 5,74,441
3
Rs 5,74,441
Rs 41,279
Rs 6,15,720
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