Recurring Deposit (RD) Calculator 2026
Calculate post office and bank monthly Recurring Deposit (RD) quarterly compounded maturity returns
Your money becomes
1.2×
of what you put in over 5 years.
Invested vs Interest
₹3.00 L
₹57,771
Interest is 16.1% of final value
Year-by-year breakdown
| Year | Contributed | Total contributed | Interest earned | Value |
|---|---|---|---|---|
| 1 | ₹60,000 | ₹60,000 | ₹2,244 | ₹62,244 |
| 2 | ₹60,000 | ₹1.20 L | ₹6,585 | ₹1.29 L |
| 3 | ₹60,000 | ₹1.80 L | ₹11,230 | ₹2.00 L |
| 4 | ₹60,000 | ₹2.40 L | ₹16,199 | ₹2.76 L |
| 5 | ₹60,000 | ₹3.00 L | ₹21,514 | ₹3.58 L |
Growth over time
The gap between the two lines is the interest earned — and it widens every year.
The Recurring Deposit Mechanism: Structured Monthly Savings Compounding
A Recurring Deposit (RD) combines the discipline of an SIP with the guaranteed risk-free certainty of a fixed deposit. You deposit a predetermined installment each month across 6 months to 10 years, earning quarterly compounded interest on each installment.
Recurring Deposit (RD) FAQs
Statutory rules on RD interest, maturity, and TDS.
Does TDS apply to bank Recurring Deposits in India?
Yes. Under Section 194A, TDS is deducted at 10% if the total cumulative interest earned across all your FDs and RDs within the same bank exceeds ₹40,000 (or ₹50,000 for senior citizens) in a financial year.
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Quick 1-Click Goal & Amount Presets
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