Recurring Deposit (RD) Calculator

Calculate exact RD maturity value with quarterly compounding. Compare your RD returns against SIP mutual funds for the same monthly amount.

＋Equis / Investment Analytics
Monthly Deposit
₹
Expected Return Rate
%
Tenure
Months
ASSET

Investment Report

Total Invested₹2,40,000
Returns / Interest Earned₹18,308
RD Maturity Amount₹2,58,308

EQUIS Take (Asli Sach)

RD mein discipline zaroor banta hai, par return bahut kam hai. Agar goal 5-7 saal door hai, toh RD ki jagah

index fund ki SIP behtar return degi.
EQUIS VERIFIED MATHEMATICAL AUDIT • 0% BANK COMMISSIONS

The Math Behind Recurring Deposit (RD) Calculator

Understanding the true mechanics of this instrument helps you make optimal decisions with your money.

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1. Monthly Discipline Builds Wealth

An RD forces disciplined monthly investing. The compounding on each installment — from the first to the last — grows your corpus predictably over time.

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2. Quarterly Compounding

RD interest is compounded quarterly by banks. Each monthly installment earns interest for the remaining tenure from the date of deposit — so earlier installments earn more.

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3. RD vs SIP for Same Amount

For 5+ year goals, a monthly SIP in an index fund (12%+ historical CAGR) significantly outperforms an RD (6-7%). Use RD only for capital-safe, short-term goals.

Frequently Asked Questions

How to use this RD calculator for Post Office rates in 2026?expand_more
For 2026, Post Office RD interest rates are around 6.7% compounded quarterly. Simply enter your monthly deposit amount, set the tenure to 5 years (60 months), and enter 6.7 in the interest rate field to get the exact Post Office maturity value.
How is RD interest calculated?expand_more
RD interest is compounded quarterly. Each monthly installment earns compound interest for the remaining tenure from its date of deposit — so earlier installments earn more.
What happens if I miss an RD installment?expand_more
Banks charge a penalty of ₹1.50 to ₹2 per ₹100 per month for missed installments. Multiple missed installments may lead to premature closure of the RD.
Post Office RD vs SBI RD — kaun zyada deta hai 2026 mein?expand_more
2026 mein: Post Office RD = 6.7% p.a. (quarterly compounding). SBI RD = 6.5% to 7.0% depending on tenure. For 5-year tenure, Post Office RD (6.7%) is roughly equal to SBI's 5-year RD (6.5-7.0%). Key advantage of Post Office RD: Government-backed security, no bank risk, and sovereign guarantee.
RD calculator post office 2026 — ₹5000/month 5 saal mein kitna milega?expand_more
At 6.7% quarterly compounding: ₹5,000/month × 60 months = ₹3,00,000 principal. Maturity amount ≈ ₹3,56,830. Total interest earned ≈ ₹56,830. Ye ek safe, guaranteed return hai — stock market jaisa risk nahi.
RD aur SIP mein kaun behtar hai long term ke liye?expand_more
Alag purpose ke liye alag instrument. RD: Guaranteed returns (~6.7%), zero risk, guaranteed maturity. Best for short goals (1-5 years). SIP: Market-linked (~12% historical), higher risk, no guarantee. Best for long goals (7+ years). RD ko emergency fund ya short-term goal ke liye use karo, SIP ko wealth creation ke liye.
Live Market Benchmarks • RBI Repo: 6.50%

Government & Small Savings Benchmark Rates (Q2/Q3 FY26)

Verified • Updated October 2026
Lending Institution / SchemeIndicative Benchmark RateKey Insight / Terms
Post Office Recurring Deposit (RD)6.70% p.a.Compounded quarterly. Sovereign guarantee backed by Govt of India.
Sukanya Samriddhi Yojana (SSY)8.20% p.a.Completely tax-free under Section 80C and EEE tax category.
Senior Citizen Savings Scheme (SCSS)8.20% p.a.Quarterly interest payout. Maximum investment ₹30 Lakhs.
Public Provident Fund (PPF)7.10% p.a.Risk-free sovereign backing. Exempt-Exempt-Exempt (EEE) status.
Kisan Vikas Patra (KVP)7.50% p.a.Compounded annually. Safe capital preservation vehicle.

*Disclaimer: Benchmark rates are compiled directly from public bank filings and schedule circulars. Individual rate offers vary based on bureau score (CIBIL 750+), risk tiering, and loan-to-value (LTV) ratios.

EQUIS DECISION INTELLIGENCE • NEXT LOGICAL CALCULATION

Your guaranteed return looks safe, but is inflation eating it alive?

At 6.7% RD interest taxed at your income slab, real wealth growth might be negative. Check these alternatives:

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Sukanya Samriddhi Yojana (SSY)Highest Sovereign Tax-Free Rate (8.2%)
TAX ARBITRAGE

If investing for a girl child, SSY beats bank RDs by 1.5% and offers 100% tax-free EEE maturity.

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Senior Citizen Savings SchemeQuarterly Payout at 8.2%
TAX ARBITRAGE

Retirees earn 1.5% higher quarterly cash flow backed by Govt of India, up to ₹30 Lakhs.

View SCSS Quarterly Yield →arrow_forward
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Post Office Time DepositZero Credit Risk Alternative
CRITICAL MATH

Unlike private banks capped by DICGC at ₹5L insurance, Post Office deposits carry 100% sovereign guarantee.

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ELSS Tax Saving Mutual FundBeat Fixed Income Inflation
INFLATION SHOCK

3-year lock-in with historical 12-14% CAGR, saving up to ₹46,800 under Section 80C.

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Frequently Asked Questions

How to use this RD calculator for Post Office rates in 2026?expand_more
For 2026, Post Office RD interest rates are around 6.7% compounded quarterly. Simply enter your monthly deposit amount, set the tenure to 5 years (60 months), and enter 6.7 in the interest rate field to get the exact Post Office maturity value.
How is RD interest calculated?expand_more
RD interest is compounded quarterly. Each monthly installment earns compound interest for the remaining tenure from its date of deposit — so earlier installments earn more.
What happens if I miss an RD installment?expand_more
Banks charge a penalty of ₹1.50 to ₹2 per ₹100 per month for missed installments. Multiple missed installments may lead to premature closure of the RD.
Post Office RD vs SBI RD — kaun zyada deta hai 2026 mein?expand_more
2026 mein: Post Office RD = 6.7% p.a. (quarterly compounding). SBI RD = 6.5% to 7.0% depending on tenure. For 5-year tenure, Post Office RD (6.7%) is roughly equal to SBI's 5-year RD (6.5-7.0%). Key advantage of Post Office RD: Government-backed security, no bank risk, and sovereign guarantee.
RD calculator post office 2026 — ₹5000/month 5 saal mein kitna milega?expand_more
At 6.7% quarterly compounding: ₹5,000/month × 60 months = ₹3,00,000 principal. Maturity amount ≈ ₹3,56,830. Total interest earned ≈ ₹56,830. Ye ek safe, guaranteed return hai — stock market jaisa risk nahi.
RD aur SIP mein kaun behtar hai long term ke liye?expand_more
Alag purpose ke liye alag instrument. RD: Guaranteed returns (~6.7%), zero risk, guaranteed maturity. Best for short goals (1-5 years). SIP: Market-linked (~12% historical), higher risk, no guarantee. Best for long goals (7+ years). RD ko emergency fund ya short-term goal ke liye use karo, SIP ko wealth creation ke liye.