Question 1

How is FD maturity calculated?

Accepted Answer

Fixed deposits compound (usually quarterly) at the bank rate over your tenure. ZMoney+ computes the maturity value, total interest, and the TDS deducted based on your tax slab to show your post-tax value.

Question 2

Is FD interest taxable?

Accepted Answer

Yes. FD interest is added to your income and taxed at your slab; banks deduct TDS above the annual threshold. The calculator subtracts TDS so you see the real post-tax return.

Fixed Deposit Calculator

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