A 5-year lock-in fixed deposit qualifying for Section 80C deduction (up to ₹1.5 lakh / year). Interest is fully taxable at your slab — this calculator shows post-tax yield in both the old and new regimes.
Maturity value (after 5 years)
₹0
Total interest
₹0
TDS @ 10% (Sec 194A)
₹0
Tax on interest at slab
₹0
80C tax saved (old regime)
₹0
Net post-tax return
₹0
Effective yield (post-tax)
0%
Key features
Lock-in: 5 years. Premature withdrawal not allowed.
Deduction: Up to ₹1.5L under Section 80C (old regime only).
Cap: Per-financial-year deduction is shared with PPF, ELSS, EPF, life insurance premium etc.
Interest: Fully taxable; banks deduct TDS at 10% if interest > ₹40,000 (₹50,000 for seniors) per year.