FD Returns on ₹3,00,000 for 2 Years at 7%
Pre-calculated FD maturity with year-by-year breakdown
Principal
₹3,00,000
Interest Earned
₹44,665
Maturity Value
₹3,44,665
Your FD of ₹3,00,000 at 7% interest matures to ₹3,44,665 after 2 years. You earn ₹44,665 in interest (15% return). Interest is compounded quarterly as per standard bank FD practice.
| Year | Principal | Value |
|---|---|---|
| 1 | ₹3,00,000 | ₹3,21,558 |
| 2 | ₹3,00,000 | ₹3,44,665 |
| Year | Opening Balance | Interest | Closing Balance |
|---|---|---|---|
| 1 | ₹3,00,000 | ₹21,558 | ₹3,21,558 |
| 2 | ₹3,21,558 | ₹23,107 | ₹3,44,665 |