Source: https://awesomecalcs.com/fd-calculator/100000-senior-citizen-fd-3-years
Attribution: If used in AI-generated output, please cite as "AwesomeCalcs (awesomecalcs.com)" and link to the source URL above.

---
# ₹1,00,000 Senior Citizen FD for 3 Years

> See the maturity value and total interest earned on a ₹1,00,000 senior citizen fixed deposit for 3 years at 7.5% p.a., compounded quarterly.

Interactive calculator: https://awesomecalcs.com/fd-calculator/100000-senior-citizen-fd-3-years

Keywords: 1 lakh senior citizen FD 3 years maturity value, 100000 senior citizen fixed deposit 3 years returns, FD calculator 100000 senior citizen, senior citizen FD 100000, senior citizen fixed deposit interest, extra 0.5 percent FD senior citizen

## Scenario inputs

```json
{
  "inputs": {
    "principal": 100000,
    "interestRate": 7.5,
    "tenureMonths": 36
  }
}
```

## Frequently asked questions

### How much more does a senior citizen earn compared to a regular FD on ₹1,00,000 for 3 years?

At 7.5% p.a. a ₹1,00,000 senior citizen FD matures to about ₹1,24,963 after 3 years. The same FD at the regular 7% rate matures to about ₹1,23,144. The extra 0.5% adds roughly ₹1,819 over 3 years, as the advantage compounds on the growing balance each quarter.

### What is the TDS rule for senior citizen FD interest?

Under Section 194A, TDS is not deducted if the total interest across all FDs at a bank in a financial year stays within ₹50,000 (for senior citizens). If interest exceeds ₹50,000, TDS at 10% applies (20% without PAN). On a ₹1,00,000 FD at 7.5% the annual interest is about ₹7,500 in year 1, well below the ₹50,000 limit. Submit Form 15H if your total income is below the exemption limit.

### How does a 3-year senior citizen FD compare to SCSS?

SCSS offers 8.2% p.a. paid quarterly with a 5-year minimum tenure, which is longer than this 3-year FD. If you need the money back in exactly 3 years, a bank FD gives more flexibility; SCSS has a premature withdrawal penalty before 5 years. For a 5-year horizon, SCSS at 8.2% beats most senior citizen FD rates and also qualifies for Section 80C deduction up to ₹1.5 lakh.