Fixed Deposit Interest Guide 2026
2 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 ₹2 Lakhs deposit.
1-Yr Maturity Value₹2,14,583(at 7.1% p.a.)
Deposit Amount
₹2 Lakhs
Principal deposit
1-Yr Interest Earned
₹14,583
At 7.1% interest
3-Yr Maturity
₹2,47,015
+₹47,015 interest
Senior Citizen 1-Yr
₹2,15,610
At 7.6% rate
Key Takeaways for a ₹2 Lakhs Fixed Deposit
- For a ₹2 Lakhs Fixed Deposit at 7.1% interest rate with quarterly compounding, you earn ₹14,583 interest in 1 year, reaching a maturity value of ₹2,14,583.
- Over 5 years, a ₹2 Lakhs FD generates ₹84,349 total interest, with maturity value growing to ₹2,84,349.
- Senior citizens receive an additional 0.50% interest bonus (7.6% rate), earning ₹15,639 in 1 year.
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