Fixed Deposit Calculator: How Much Can Investment Of Rs 1 Lakh, Rs 2 Lakh And 5 Lakh Grow In Five Years?

Fixed deposits are a crucial investment tool to shape one's financial journey. It offers stable returns, making it a viable option for risk-averse investors. Different banks offer varying interest rates, typically ranging from 3% to 8% or more, making FDs a source of guaranteed returns and stability.

The FD return rates vary from bank to bank and depend upon the tenure of the deposit. At present, Bandhan Bank offers up to 8.05% returns, one of the highest interest rates on FDs, the data from Bankbazaar showed on Friday.



FDs play a significant role in financial diversification, as they safeguard the money against market volatility. While they may not offer the high returns of riskier investments, FDs provide a reliable, low-risk option for steady growth.How FD Interest Rates Work?Considering the example of Bandhan Bank, FD options are available with maturity periods as small as 7–14 days.

It offers an interest rate of 3% for the 7–14 days FD tenure for citizens under 60 years of age.For a 500-day period, Bandhan Bank offers a 7.85% interest rate for a deposit below Rs 2 crore for regular citizens.

Meanwhile, senior citizens can avail 8.35% for the same period. Likewise, Axis Bank offers 7.

25% returns on investments below Rs 2 crore that are deposited for 18 months to less than two years.For a relatively greater investment period of five years, banks offer interest rates ranging from about 6–7.25%.

India's largest private lender, HDFC Bank, offers 7% interest rate for a five-year FD period. Meanwhile, State Bank of India offers 6.50% returns per annum.

The returns are marginally higher for senior citizens.Personal Loan Interest Rates In April 2025: Check Deals From Top BanksInvestment Of Rs 1 Lakh, Rs 2 Lakh And 5 Lakh Assuming one invests in a bank FD offering 7% returns annually for five years.The investment would give the following returns:For an investment of Rs 1 lakh, the total interest earned over five years would be Rs 41,480, bringing the final maturity amount to Rs 1,41,480.

A Rs 2 lakh investment would yield Rs 82,955 in interest, resulting in a total maturity amount of Rs 2,82,955 at the end of five years.For a Rs 5 lakh investment in a fixed deposit at a 7% interest rate over five years, the total interest earned would be Rs 2,07,390, taking the final maturity amount to Rs 7,07,390.Fixed Deposits Shine Amid Market Jitters: Earn Up To 9% Return With These Bank FDs.

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