Take the guesswork out of your big-ticket goals for ₹45L Fixed Deposit Calculator
Calculate maturity amount for a ₹45L fixed deposit at top bank rates. Compare SBI, HDFC, ICICI FD returns for 1, 3 and 5 year tenures.
Real-World Scenarios
At ~7.3% p.a. (SBI/HDFC rate). Quarterly compounding adds marginally over simple interest.
5-year FDs qualify for Section 80C deduction up to ₹1.5L. TDS applicable on interest above ₹40,000/year.
Professional Strategy Insights
- Use the ₹FD Ladder₹ strategy: Split ₹45L into 3 FDs of 1, 2, and 3-year tenures. This ensures regular liquidity without breaking a single large FD.
- Senior citizens earn 0.25-0.50% extra on most bank FDs. If investing for a parent, open in their name for higher guaranteed returns.
Frequently Asked Questions
What is the maturity of ₹45L FD for 3 years?
At ~7.3% with quarterly compounding, ₹45L becomes approximately 55.91L in 3 years. Exact amount depends on bank and compounding frequency.
Is FD better than SIP for ₹45L?
For short-term goals (1-3 years), FD is safer. For 5+ year goals, SIP in equity mutual funds historically gives 12-14% CAGR vs FD₹s 7%, making SIP far superior for wealth creation.
eCalcy Editorial Team
Verified ExpertFinance Research & Editorial Board, eCalcy
Financial Technology Specialists · RBI, SEBI & IRS Verified Calculators
Reviewed: April 2026
Every formula and editorial guide on eCalcy is reviewed by the eCalcy Editorial & Research Board and cross-referenced against RBI circulars, SEBI regulations, and the Income Tax Department guidelines. eCalcy is NOT a SEBI-registered investment advisor — all tools are educational planning aids only.
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