Loading NexProTools...
Preparing interactive calculation engine
Preparing interactive calculation engine
Compare Bank Fixed Deposits (FD) against Public Provident Fund (PPF) interest rates, lock-in periods, and tax implications.
Side-by-side analytical breakdown
| Comparison Metric | Fixed Deposit (FD) Calculator | PPF Calculator | Advantage |
|---|---|---|---|
| Interest Rate (2026) | 6.5% – 7.5% (Bank Dependent) | 7.1% (Govt Set Rate) | Fixed Deposit (FD) Calculator |
| Taxation of Interest | Taxable at Slab Rate (TDS Applicable) | 100% Tax-Free (EEE Status) | PPF Calculator |
| Lock-in Period | Flexible (7 days to 10 years) | 15 Years Mandatory | Fixed Deposit (FD) Calculator |
| Section 80C Tax Benefit | Only 5-Yr Tax Saver FDs | Full Deposit up to ₹1.5L | PPF Calculator |
Deterministic Mathematical Simulation Engine • Client-Side Computation
Calculate FD interest payout, compound maturity value, and tax deductions for bank fixed deposits.
| Parameter | Value | Unit |
|---|---|---|
| FD Deposit Amount (₹/$) | 100000 | ₹ |
| Annual Interest Rate (% p.a.) | 7 | % |
| FD Tenure (Years) | 5 | yrs |
| Metric | Calculated Output |
|---|---|
| FD Maturity Amount | 141,478 |
| Total Interest Earned | 41,478 |
Deterministic Mathematical Simulation Engine • Client-Side Computation
Calculate 15-year PPF maturity wealth, annual interest accumulation, and tax-free returns under EEE status.
| Parameter | Value | Unit |
|---|---|---|
| Yearly Investment (₹) | 150000 | ₹ |
| PPF Interest Rate (% p.a.) | 7.1 | % |
| Tenure (Years) | 15 | yrs |
| Metric | Calculated Output |
|---|---|
| Maturity Balance (Tax-Free) | 4,068,209 |
| Total Principal Deposited | 2,250,000 |
| Total Tax-Free Interest | 1,818,209 |
Bank Fixed Deposits offer liquidity and flexible tenures, but interest income is fully taxable according to your income tax slab. PPF offers lower liquidity (15-year lock-in), but its interest is completely tax-free under EEE status, resulting in higher net post-tax returns for individuals in the 20% or 30% tax brackets.
For investors in 20% or 30% tax brackets, PPF yields significantly higher net post-tax returns because PPF interest is 100% tax-free, whereas FD interest is taxed at your slab rate.