Fixed deposit (FD) calculator
See what a bank fixed deposit in Nepal will be worth at maturity — from your deposit amount, the annual interest rate, the tenure and how often interest compounds.
The headline figure is your after-TDS payout: the calculator applies compound interest, then deducts interest tax at source (5% by default for individuals with a PAN). A planning tool, computed in your browser.
Deposit details
The principal you place on fixed deposit.
The bank's quoted p.a. rate on the FD.
Nepali banks usually compound FD interest quarterly.
Tax deducted at source on FD interest — 5% for individuals with a PAN. Edit if your bracket differs.
Maturity value (after TDS)
Rs 5,92,545
2 yrs · quarterly compounding
Gross maturity
Rs 5,97,416
Principal
Rs 5,00,000
Total interest
Rs 97,416
TDS deducted
Rs 4,871
Net yield (p.a.)
8.86%
| Compounding formula | A = P · (1 + r/n)^(n·t) |
| Inputs | P = Rs 5,00,000, r = 9%, n = 4/yr, t = 2.00 yr |
| Gross maturity (A) | Rs 5,97,416 |
| Gross interest (A − P) | Rs 97,416 |
| TDS on interest (5%) | − Rs 4,871 |
| Maturity after TDS | Rs 5,92,545 |
An indicative estimate. Banks may credit interest on slightly different day-count conventions and apply TDS as interest accrues rather than only at maturity. The 5% TDS assumes an individual depositor with a PAN; verify the current rate that applies to you. Figures are computed in your browser.
From principal to after-tax payout
Your deposit grows by compound interest over the tenure; the bank then withholds tax at source on the interest you earned before paying out.
Compound the deposit
Apply A = P·(1 + r/n)^(n·t). With quarterly compounding n = 4, so a 9% rate adds interest four times a year on the running balance.
Find the interest
Gross interest is the maturity minus your principal. The longer the tenure and the more frequent the compounding, the larger it grows.
Deduct interest TDS
Tax at source (5% for individuals with a PAN) applies to the interest only. Subtract it to get the after-TDS maturity you actually receive.
Fixed deposits, answered
How is fixed deposit maturity calculated?+
A fixed deposit grows by compound interest: A = P · (1 + r/n)^(n·t), where P is the principal, r is the annual rate as a decimal, n is the number of compounding periods per year and t is the tenure in years. The interest earned is A − P. Most Nepali banks compound FD interest quarterly (n = 4).
What is TDS on fixed deposit interest in Nepal?+
Banks deduct tax at source (TDS) on the interest they pay on deposits. For resident individuals with a PAN the rate is commonly 5%. The tax applies only to the interest, not to your original principal, so this calculator deducts it from the interest portion to show your after-TDS maturity. The current rate is set by the Inland Revenue Department — verify it for your situation.
Is the headline figure before or after tax?+
The big number is the after-TDS maturity — what you actually receive once the bank withholds tax on the interest. The gross maturity (before TDS) and the TDS amount are shown alongside so you can see exactly what was deducted.
What compounding frequency should I choose?+
Pick the frequency your bank states on the FD. Nepali banks most often compound fixed-deposit interest quarterly, which is the default here. More frequent compounding (monthly) gives a slightly higher maturity for the same nominal rate; annual compounding gives slightly less.
Does a longer tenure always earn more?+
A longer tenure earns more total interest because compounding runs for longer, but it also locks your money away. Breaking an FD early usually means a lower 'premature withdrawal' rate. Compare the net yield (p.a.) shown here against other options before committing.
Why might my bank's figure differ slightly?+
Banks may use a specific day-count convention, round at each interest posting, or deduct TDS as interest accrues each period rather than once at maturity. Those mechanics can shift the result by a small amount. Treat this tool as an indicative estimate and confirm the exact figure with your bank.
Sources & data note
Based on the standard compound-interest relation A = P·(1 + r/n)^(n·t), with interest TDS deducted from the interest component. The 5% TDS default reflects the rate commonly applied to resident individuals with a PAN; rates are set by the Inland Revenue Department and can change, so verify the current rate for your situation. This is an indicative estimate — your bank's day-count and posting conventions may produce a slightly different figure.