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Recurring Deposit (RD) Calculator
Calculate returns on your recurring deposit investments
Calculate Your Returns
₹
%
Mo
1.0 years
Total invested
₹60,000
Maturity amount
₹62,477
Estimated returns
₹2,477
RD Growth Over Time
Total Invested
₹60,000
Maturity Amount
₹62,477
Returns Breakdown
Total Invested₹60,000
Estimated Returns (Gross)₹2,477
Post-Tax Returns₹2,477
Post-Tax Maturity Amount₹62,477
Returns as % of Invested4.13%
Recurring Deposit Features
Benefits:
- • Regular monthly savings with disciplined investing
- • Higher interest rates for senior citizens (60+ years)
- • Flexible tenure options (6 months to 10 years)
- • Interest compounded quarterly for better returns
- • Safe and secure investment with guaranteed returns
How RD Works:
- • Fixed monthly deposit amount (minimum ₹100-₹500)
- • Interest is compounded quarterly
- • Each monthly deposit earns interest for different periods
- • First deposit earns interest for full tenure
- • Last deposit earns interest for 1 month
TDS Rules:
- • Regular: 10% TDS if annual interest exceeds ₹40,000
- • Senior Citizens: 10% TDS if annual interest exceeds ₹50,000
- • Submit Form 15G/15H to avoid TDS if income below taxable limit
- • Interest is taxable under "Income from Other Sources"
- • No Section 80C tax deduction available for regular RDs
Disclaimer: This calculator is for estimation purposes only. Results are approximate and may vary from actual values. Please consult with a financial advisor for personalized advice.