FD Interest data mismatch

CuriousMind (NA) (134 Points)

20 July 2024  

Dear Experts,

Can you pls help understand, why there's always data mismatch for FD interest amount between bank ( interest certificate or Form26AS ) and actual amount being paid to our account ? 

Example : as per bank's interest certificate or Form26AS it's ₹10 /- where as actual interest deposited in our account is ₹7/- . Its always more as per their calculation.

How exactly they calculate and why it's doesn't match ?