Post Office RD Calculator

Monthly Deposit (₹):

Interest Rate (% per annum):

Duration (years):

How to Use the Post Office RD Calculator

A Post Office RD (Recurring Deposit) Calculator is a tool that helps you estimate the maturity value and interest earned from a recurring deposit scheme offered by the Indian Post Office.

This calculator is especially useful for individuals who deposit a fixed amount monthly and want to know how much they will receive at the end of the chosen tenure, including the interest accumulated.

What is a Post Office RD?

The Post Office Recurring Deposit scheme is a government-backed savings option where investors deposit a fixed amount every month for a specific period (usually 5 years). It offers guaranteed returns with quarterly compounding of interest, making it a popular savings method for small investors and salaried individuals.

Steps to Use the RD Calculator

Enter Monthly Deposit (₹) – This is the fixed amount you plan to deposit every month.
Example: ₹1000
Enter Interest Rate (% per annum) – The official Post Office RD interest rate (e.g., 5.8%).
Enter Duration (Years) – The period for which you want to keep the RD (commonly 5 years).
Click on "Calculate Maturity Value".
The calculator will instantly show you:
- Total Deposited – The sum of all your monthly deposits.
- Interest Earned – The additional income generated through quarterly compounding.
- Maturity Value – The final amount you will receive at the end of the term.

Example Calculation

Suppose you deposit ₹1000 per month for 5 years at an interest rate of 5.8% per annum.

Total Deposited = ₹60,000
Interest Earned ≈ ₹9,000+
Maturity Value ≈ ₹69,000+

This means your disciplined savings not only accumulate but also grow through compounding interest.

Why Use the Calculator?

Quick Estimates – No manual calculations needed.
Better Financial Planning – Helps you understand how much you’ll have at maturity.
Comparison Tool – You can check returns by changing deposit amounts, tenure, or interest rates.
Transparency – Avoids confusion about how interest is applied in RD schemes.

FAQ about the Post Office RD Calculator

Q1: What is the minimum deposit in Post Office RD?
A: The minimum monthly deposit is ₹100, and there is no maximum limit. Deposits must be in multiples of ₹10.

Q2: What is the current interest rate for Post Office RD?
A: As of recent updates, it is around 5.8% per annum (compounded quarterly). However, rates change every quarter, so always check the latest rate before investing.

Q3: Is the maturity amount taxable?
A: Yes. The interest earned on RD is taxable as per your income tax slab.

Q4: Can I extend my RD beyond 5 years?
A: Yes, you can extend your RD for another 5 years after maturity.

Q5: What happens if I miss a deposit?
A: A small penalty is charged for late payments, but the account remains active if you deposit before the grace period ends.

Q6: Is this calculator 100% accurate?
A: It provides a close estimate using standard RD formulas, but the actual maturity value may slightly differ due to rounding and official post office rules.