Investing

Fixed deposit

Textbook compound interest. Not a sanction letter.

Last updated 27 August 2026 · not a filing

Compounding frequency is the whole argument

Indian retail FDs usually compound quarterly (n=4). Annual n=1 looks better on a dishonest banner. Senior-citizen extra is a rate you type, not a checkbox that guesses your age.

Worked example: ₹2 lakh, 7%, 5 years, quarterly

A = 200000 × (1+0.07/4)^(20). Interest is maturity minus principal. The bank’s certificate still wins on day-count.

Questions

Are my numbers uploaded?

No. Arithmetic stays in this tab. Remember writes this browser only.

Can I share the inputs?

The URL hash (#) stores fields. Copy the address bar. Nothing is sent as a query string to a server of ours.

Is this a filing?

No. Print the worksheet. Argue with payroll or a CA. Do not paste this into an ITR as authority.

TDS?

Banks TDS interest above a threshold. Not modelled. Senior rate is whatever you type.

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