Estimate the regular (non-compounding) interest payout from a fixed deposit.
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A payout fixed deposit pays the interest to you regularly, monthly or quarterly, instead of adding it to the deposit. Your principal stays the same and comes back to you at maturity.
This calculator shows the payout you receive each period, the total interest over the term and the total you get back.
| Deposit Amount | ₹1,000,000 |
| Annual Interest Rate | 7% |
| Term | 5 yrs |
| Payout Frequency | Monthly |
| Monthly interest payout | ₹5,833 |
| Total interest over 5 years | ₹3,50,000 |
| Principal returned at maturity | ₹10,00,000 |
| Total received | ₹13,50,000 |
| Yearly interest | ₹70,000 |
₹5,833.
| Deposit Amount | ₹1,000,000 |
| Annual Interest Rate | 7% |
| Term | 5 yrs |
| Payout Frequency | Quarterly |
| Quarterly interest payout | ₹17,500 |
| Total interest over 5 years | ₹3,50,000 |
| Principal returned at maturity | ₹10,00,000 |
| Total received | ₹13,50,000 |
| Yearly interest | ₹70,000 |
₹17,500.
Because the interest is paid out instead of being reinvested, it never compounds. That is the trade-off for regular income.
Yes. Interest is taxable in the year it is earned and taxed at your slab rate.
Yes. Monthly gives smaller, more frequent payouts; quarterly gives larger payouts less often. The yearly total is the same in this calculator.
At 7% it is about ₹5,833 a month (₹70,000 a year).