RD Calculator — Recurring Deposit Maturity & Interest
Free RD calculator for India. Project the maturity amount of any monthly recurring deposit at SBI, HDFC, ICICI, Post Office or any Indian bank. Quarterly-compounded as per RBI norms.
Maturity after 3 years
₹1,99,746
Total invested: ₹1,80,000
Interest earned: ₹19,746
FAQs
How is RD interest calculated?
Quarterly compounding on each monthly instalment as it ages. Each instalment grows for a different number of quarters depending on when it was paid.
What's the typical RD return?
6.7%–7.4% at PSU banks for 1–5 yr tenures. Post-office RD at 6.7% (revised quarterly).
Is RD interest tax-free?
No — RD interest is taxed at slab. Senior citizens get a ₹50,000 80TTB deduction; others get ₹10,000 under 80TTA (savings only, NOT RD).
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