A ₹50,000 fixed deposit at 6.5% a year earns about ₹3,330 of interest in the first year. Left for 5 years with interest compounded quarterly, it matures to ₹69,021, of which ₹19,021 is interest.
₹50,000 FD after 5 years (6.5%, quarterly compounding)
₹69,021
- Interest earned
- ₹19,021
- Interest in year 1
- ₹3,330
- Senior citizen (7%)
- ₹70,739
₹50,000 FD maturity by rate and tenure
| Tenure | 6% | 6.5% | 7% | 7.5% | 8% |
|---|---|---|---|---|---|
| 1 year | ₹53,068 | ₹53,330 | ₹53,593 | ₹53,857 | ₹54,122 |
| 2 years | ₹56,325 | ₹56,882 | ₹57,444 | ₹58,011 | ₹58,583 |
| 3 years | ₹59,781 | ₹60,670 | ₹61,572 | ₹62,486 | ₹63,412 |
| 5 years | ₹67,343 | ₹69,021 | ₹70,739 | ₹72,497 | ₹74,297 |
| 7 years | ₹75,861 | ₹78,521 | ₹81,271 | ₹84,113 | ₹87,051 |
| 10 years | ₹90,701 | ₹95,278 | ₹1,00,080 | ₹1,05,117 | ₹1,10,402 |
Interest earned on ₹50,000 at 6.5%
| Tenure | Maturity | Total interest | Average per year |
|---|---|---|---|
| 1 year | ₹53,330 | ₹3,330 | ₹3,330 |
| 2 years | ₹56,882 | ₹6,882 | ₹3,441 |
| 3 years | ₹60,670 | ₹10,670 | ₹3,557 |
| 5 years | ₹69,021 | ₹19,021 | ₹3,804 |
| 7 years | ₹78,521 | ₹28,521 | ₹4,074 |
| 10 years | ₹95,278 | ₹45,278 | ₹4,528 |
If you choose quarterly interest payouts instead (a non-cumulative FD), ₹50,000 at 6.5% pays about ₹813 every quarter, and you get the ₹50,000 back at maturity. Senior citizens usually get about 0.5% more, which on this deposit adds ₹1,718 over 5 years.
At 6.5%, yearly interest of about ₹3,330 is below the ₹50,000 TDS threshold (₹1 lakh for senior citizens), if this is your only FD at the bank. FD interest is added to your income and taxed at your slab rate.
Compare nearby deposits
| Deposit | Interest in 1 year | After 5 years |
|---|---|---|
| ₹50,000 | ₹3,330 | ₹69,021 |
| ₹1 lakh | ₹6,660 | ₹1,38,042 |
| ₹2 lakh | ₹13,320 | ₹2,76,084 |
| ₹3 lakh | ₹19,980 | ₹4,14,126 |
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Frequently asked questions
How much interest will I get on ₹50,000 FD for 1 year?
About ₹3,330 at 6.5% with quarterly compounding, or ₹3,593 at 7%.
What will ₹50,000 FD become after 5 years?
About ₹69,021 at 6.5%, or ₹72,497 at 7.5%, with interest compounded quarterly.
Is interest on a ₹50,000 FD taxable?
Yes. FD interest is taxed at your income tax slab rate. At 6.5%, yearly interest of about ₹3,330 is below the ₹50,000 TDS threshold (₹1 lakh for senior citizens), if this is your only FD at the bank.
Cumulative FD with quarterly compounding. FD interest is taxable at your slab rate. Rates vary by bank and change often. An estimate. Related: All FD amounts · FD calculator · RD maturity table · PPF returns