Calculate your Recurring Deposit maturity amount. RD allows you to save a fixed amount monthly and earn interest with quarterly compounding.
| Total Deposited | — |
| Interest Earned | — |
| Maturity Amount | — |
This calculator compounds each monthly deposit quarterly from its deposit month to maturity: Maturity = sum of R × (1 + r/4)^(months left / 3), where R = monthly deposit and r = annual rate. Banks and the Post Office may round interest differently, so treat the result as an estimate.
Post Office RD rates are reset every quarter by the Ministry of Finance, so check the current rate on the India Post website. Bank RD rates differ by bank and tenure, so enter the rate your bank offers.
Banks deduct TDS on RD interest when it exceeds ₹50,000 in a year (₹1,00,000 for senior citizens) (Income Tax Department threshold limits page). You can avoid TDS by submitting Form 15G/15H if income is below taxable limit.
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