RD Calculator
A fixed monthly deposit at a guaranteed rate. Interest accrues monthly and is capitalised each quarter, which is how banks and India Post actually run an RD.
Maturity value
₹7,19,344
after 5 years at the return you assumed
You invest
₹6,00,000
Estimated gains
₹1,19,344
Absolute return
19.9%
total gain on money in
Annualised (XIRR)
7.18%
money-weighted
How it builds up
- Invested83.4%
- Gains16.6%
Maturity value
₹7,19,344
Gains
₹1.19 L
What the number above does not tell you
A maturity figure is only half the picture. These are the terms attached to it.
- Risk
- No market risk
- Guaranteed by
- Contractual rate from the bank or India Post; bank deposits insured by DICGC up to ₹5 lakh
- Lock-in
- Until maturity — premature closure carries a penalty
- Liquidity
- Moderate
- Tax treatment
- Interest taxed at your income-tax slab rate. TDS applies above the annual threshold.
Worth weighing before you commit
- Missing an instalment usually attracts a penalty and can affect the maturity value.
- Like an FD, the interest is fully taxable at your slab rate.
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Please note: this is a calculator, not financial advice, and we are not an adviser, broker or distributor. The figures are arithmetic on the inputs you supply. The return you enter is an assumption; past performance does not predict future returns and no market investment guarantees a result. Taxation depends on your own circumstances and on rules that change. For a decision of any size, speak to a SEBI-registered investment adviser or a qualified chartered accountant.