Investments
RD Calculator
Recurring Deposit — fixed monthly deposit for a fixed term, compounded quarterly. Most banks offer 6.25–7.5% on RDs (May 2026). Senior citizens get +0.5%.
Inputs
₹
₹100₹1.00 L
%
3.00%10.00%
yr
1 yr10 yr
Maturity value
₹3,51,157
After 5 years · quarterly compounded
Total deposited
₹3,00,000
Interest
₹51,157
Year-by-year balance
RD interest is taxable as per slab
RD vs SIP
RD is debt — fixed return, taxable interest. SIP is equity (or hybrid) — market-linked. For 5+ year goals, equity SIPs historically beat RDs by 4–5% post-tax. For sub-3-year goals, RD wins on safety.
Key rules
- • Min ₹100/month (most banks)
- • Tenure 6 months to 10 years
- • Quarterly compounding standard
- • Penalty for missed instalments
- • Interest fully taxable as per slab
- • TDS applies above ₹40,000/year (₹50,000 for seniors)