Fixed Deposit Interest Guide 2026

10 Lakh FD Interest Payout & Maturity Breakdown

Quarterly compounding interest, 1 to 5-year maturity values, senior citizen bonus rates, and tax deduction rules for a ₹10 Lakhs deposit.

1-Yr Maturity Value₹10,72,913(at 7.1% p.a.)
Deposit Amount

₹10 Lakhs

Principal deposit

1-Yr Interest Earned

₹72,913

At 7.1% interest

3-Yr Maturity

₹12,35,075

+₹2,35,075 interest

Senior Citizen 1-Yr

₹10,78,048

At 7.6% rate

Key Takeaways for a ₹10 Lakhs Fixed Deposit

  • For a ₹10 Lakhs Fixed Deposit at 7.1% interest rate with quarterly compounding, you earn ₹72,913 interest in 1 year, reaching a maturity value of ₹10,72,913.
  • Over 5 years, a ₹10 Lakhs FD generates ₹4,21,747 total interest, with maturity value growing to ₹14,21,747.
  • Senior citizens receive an additional 0.50% interest bonus (7.6% rate), earning ₹78,194 in 1 year.

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