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RD Calculator

RD Calculator

Calculate recurring deposit returns and compare options

5010,00,000
0.61,200

5 years 0 months

0.3120

Set to 0 if no premature withdrawal planned

💡 RD Benefits

  • • Disciplined monthly savings habit
  • • Capital protection with guaranteed returns
  • • Higher rates than regular savings account
  • • Loan facility available against RD
  • • Ideal for conservative investors

RD Calculation Results

Maturity Amount:₹0
Total Deposits:₹0
Interest Earned:₹0

Effective Rate:0% p.a.

Tax Implications

Taxable Interest:₹0
Tax Bracket:30%
Tax Payable:₹0
Post-tax Interest:₹0

TDS applicable if total interest >₹10,000 for banks, ₹20,000 for senior citizens

Institution Comparison

Interest Compounding Impact

RD Strategy & Tips

Best Practices

  • • Compare rates across banks before opening
  • • Choose quarterly compounding for better returns
  • • Consider senior citizen rates (additional 0.5%)
  • • Avoid premature withdrawals for penalty-free growth
  • • Use auto-debit for disciplined deposits

When to Choose RD

  • • Building emergency fund systematically
  • • Short-term goals (1-5 years)
  • • Risk-averse conservative investors
  • • Regular income with surplus for savings
  • • Beginner investors learning discipline