RD · Greater Noida
RD Calculator for Greater Noida
Calculate Recurring Deposit maturity from Greater Noida. Open at any bank or post office in Greater Noida, Uttar Pradesh. RD interest is fully taxable — TDS applies above ₹40,000/year.
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 options in Greater Noida
- • Bank RDs: SBI 6.25–7%, HDFC 6.25–7%, ICICI 6.50–7.10% (varies by tenure)
- • Post office RD: 6.7% (Q1 FY 2026-27, government-notified) — 5-year fixed tenure
- • Small finance bank RD: 7.5–8.5% (Equitas, Ujjivan, AU SFB) — DICGC-insured up to ₹5L
- • Senior citizen rates: +0.50% across all banks
RD vs SIP for Greater Noida investors
RD = debt investment, fixed return, taxable, very safe. SIP = market-linked, higher historical return, fully liquid (no lock-in for non-ELSS), more volatility.
For tier-2 city investors in Greater Noida: typical 70/30 split — equity SIP for 7+ year goals, RD/FD for short-term targets (down payment, vacation, vehicle).
Tax on RD interest
- • Interest fully taxable at your slab rate (10/20/30%)
- • TDS at 10% if total RD interest exceeds ₹40,000/year per bank (₹50,000 for seniors)
- • You can submit Form 15G/15H to avoid TDS if total income is below tax limit
- • Post-tax effective return at 30% slab: ~4.6% on a 6.5% RD