RD calculator

Enter your monthly deposit, interest rate and tenure to see what your recurring deposit will be worth at maturity.

Post office RD is 60 months.
Maturity value
₹3,56,829
Total deposited₹3,00,000
Interest earned₹56,829

RD or SIP?

An RD gives a fixed, known return and suits short goals and money you cannot risk. A mutual fund SIP can earn more over long periods but its value goes up and down. Many people use both.

Questions people ask

How is RD interest calculated?

Most banks and India Post compound recurring deposit interest every quarter. Each monthly instalment earns interest only for the months it stays in the account, so the first instalment earns the most.

What is the post office RD interest rate?

The government sets small savings rates every quarter. Check the current rate on the India Post website and enter it above. The post office RD runs for 5 years (60 months).

Is RD interest taxable?

Yes. RD interest is added to your income and taxed at your slab rate. Banks deduct TDS when interest crosses the yearly limit set in the Income Tax Act.

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More calculators

SIP calculatorFuture value of a monthly mutual fund SIP, with optional yearly step-up.Lumpsum calculatorGrowth of a one-time investment over the years.SWP calculatorHow long a corpus lasts with fixed monthly withdrawals.FD calculatorMaturity value of a bank fixed deposit with quarterly compounding.Post office RDMaturity of the 5-year India Post recurring deposit at the current rate.PPF calculatorPublic Provident Fund maturity over 15 years at the current rate.

Results are estimates for information only, not financial or tax advice. Rates, rules and limits change, so check with your bank, employer or a qualified adviser before you decide.