FD interest on 2 lakh for 5 years

Maturity amount and interest on a ₹2,00,000 fixed deposit at common bank rates.

A fixed deposit of ₹2,00,000 (2 lakh) for 5 years at 7% interest, compounded quarterly, grows to ₹2,82,956. You earn ₹82,956 in interest.

Maturity amount

₹2,82,956

Interest earned

₹82,956

Senior citizen (+0.5%)

₹89,990 interest

Try your bank's rate in the FD calculator →

7% is an example rate. FD rates differ between banks and change often — check your bank's current rate.

Interest at different FD rates

Interest rate	Interest earned	Maturity amount
6%	₹69,371	₹2,69,371
6.5%	₹76,084	₹2,76,084
7%	₹82,956	₹2,82,956
7.5%	₹89,990	₹2,89,990
8%	₹97,189	₹2,97,189
8.5%	₹1,04,559	₹3,04,559

Same amount, different tenures

Tenure	Interest earned	Maturity amount
1 year	₹14,372	₹2,14,372
2 years	₹29,776	₹2,29,776
3 years	₹46,288	₹2,46,288
5 years	₹82,956	₹2,82,956

Tax on FD interest

FD interest is added to your income and taxed at your slab rate. Here you earn about ₹16,591 a year on average. Banks deduct TDS when your interest with them crosses the yearly threshold (₹50,000 for most people and ₹1 lakh for senior citizens from FY 2025-26). If your total income is below the taxable limit, submit Form 15G (or 15H if you're a senior citizen) to avoid TDS.

Other FD amounts for 5 years

Frequently asked questions

How much interest will I get on 2 lakh FD for 5 years?

At 7% with quarterly compounding, a ₹2,00,000 FD for 5 years earns about ₹82,956, and the maturity amount is ₹2,82,956.

Is FD interest taxable?

Yes. FD interest is taxed at your income tax slab rate. Banks may also deduct TDS if interest exceeds the yearly threshold.