Calculators · Savings and retirement
RD calculator
What a monthly recurring deposit will be worth at maturity.
Post office 5-year RD: 6.7% for October–December 2026.
Maturity value
₹3,56,829
60 monthly deposits of ₹5,000
Amount deposited
₹3 lakh · 84%
Interest earned
₹56,829 · 16%
- Total deposited
- ₹3,00,000
- Interest earned
- ₹56,829
- Maturity value
- ₹3,56,829
How it works
In a recurring deposit you deposit the same amount every month. Each instalment earns interest compounded quarterly for as long as it stays deposited — the first for the whole term, the last for just a month. Banks and the post office calculate maturity this way.
The post office 5-year RD pays 6.7% for October–December 2026. RD interest is taxed at your slab rate.
Questions
RD or SIP?
An RD gives a fixed, guaranteed return; a SIP in an equity fund can earn more over the long term but its value moves with the market. RDs suit short-term goals; SIPs suit goals five or more years away.
What happens if I miss an instalment?
Banks and the post office usually charge a small penalty for each missed instalment, and several missed instalments can close the account.
Results are estimates for planning, not tax, legal or investment advice. Rates and rules were checked on 4 October 2026; confirm the figures that apply to you with your bank, fund house or tax adviser.