RD Calculator
Calculate your Recurring Deposit maturity amount. Plan your monthly savings effectively.
Investment Details
Enter your recurring deposit details to calculate maturity amount
₹100 - ₹10,00,000
₹
5 years
6 months10 years
Current: 6.7%
%
Quarterly (4 times per year)
Calculation Results
Your estimated returns from Recurring Deposit
Maturity Amount
₹3,56,829
Amount you'll receive after 5 years
Total Interest Earned
₹56,829
Total Amount Deposited
₹3,00,000
₹5,000 × 60 months
Investment Summary
Monthly Deposit
₹5,000
Interest Rate
6.7% p.a.
Tenure
5 years
Total Deposits
60
How RD Calculator Works
1
Set Monthly Amount
Enter the amount you want to deposit every month. Start with as low as
Rs. 100 per month and build your savings habit.
2
Choose Tenure
Select your investment period from 6 months to 10 years. Longer tenures
mean more interest accumulation through compounding.
3
View Maturity Amount
See your total maturity amount including all deposits and compound interest
earned over the tenure.
RD Maturity Calculation
Each monthly deposit earns compound interest for remaining period
In RD, each monthly installment earns interest from the date of deposit till maturity.
Interest is compounded quarterly, and the sum of all deposits with their respective
interests gives you the maturity amount.
Benefits of Recurring Deposit
Disciplined Savings
RD encourages regular monthly savings habit. Fixed monthly commitment
helps you build a corpus systematically.
Low Entry Amount
Start with as little as Rs. 100 per month at post office. No large
lump sum required to begin investing.
Flexible Tenure
Choose tenure from 6 months to 10 years based on your financial goals.
Tenure can be in multiples of 3 months.
Guaranteed Returns
Interest rates are fixed at the time of opening. Your returns are
predictable and not affected by market volatility.
Quarterly Compounding
Interest is compounded quarterly, giving you better effective returns
compared to simple interest calculations.
Loan Facility
After 12 monthly deposits, you can avail a loan of up to 50% of the
balance at a nominal interest rate.
Key Features of Post Office RD
01
Current Interest Rate
6.7% per annum (as of Q4 FY 2024-25)
02
Minimum Deposit
Rs. 100 per month (multiples of Rs. 10)
03
Tenure Options
6 months to 10 years (in 3-month multiples)
04
Default on Payment
4 defaults allowed; account closed after continuous default
Frequently Asked Questions
What happens if I miss an RD installment?
If you miss an installment, you'll need to pay a small penalty (Re. 1 per Rs. 100
per month of default). Up to 4 defaults are allowed; after that, the account may be closed.
Can I withdraw my RD before maturity?
Premature closure is allowed after 3 years. The interest will be calculated at
the rate applicable for the period the deposit has been held, minus 1%.
Is RD interest taxable?
Yes, interest earned on RD is fully taxable as per your income tax slab.
TDS is applicable if interest exceeds Rs. 40,000 per year (Rs. 50,000 for senior citizens).
Can I increase my monthly RD amount?
No, the monthly deposit amount is fixed at the time of opening the account.
To invest more, you would need to open an additional RD account.