What is a recurring deposit?
A recurring deposit (RD) takes a fixed amount from you every month for a set period and pays it back with interest at the end. It builds a saving habit with no market risk.
Ready answers
How to use this calculator
- Enter the monthly deposit.
- Enter the interest rate.
- Enter the tenure in months.
Read more: Recurring deposit (RD) guide. New to these words? See the money glossary.
Common questions
How much will ₹5,000 a month in post office RD give in 5 years?
At 6.7% it gives about ₹3.57 lakh. You deposit ₹3 lakh.
What is the post office RD interest rate?
The post office 5-year RD pays 6.7% a year for October–December 2026, compounded quarterly.