RD calculator: post office and bank
Recurring Deposit, 5 years rate for October-December 2026: 6.7%. Last checked 29 October 2026.
Enter your monthly deposit, rate and tenure. Works for the post office 5-year RD and for bank recurring deposits, which compound the same way.
Post office RD at 6.7%: what common amounts become
| Monthly deposit | You deposit | Interest | Maturity in 5 years |
|---|---|---|---|
| ₹500 | ₹30,000 | ₹5,683 | ₹35,683 |
| ₹1,000 | ₹60,000 | ₹11,366 | ₹71,366 |
| ₹2,000 | ₹1,20,000 | ₹22,732 | ₹1,42,732 |
| ₹5,000 | ₹3,00,000 | ₹56,829 | ₹3,56,829 |
| ₹10,000 | ₹6,00,000 | ₹1,13,658 | ₹7,13,658 |
| ₹25,000 | ₹15,00,000 | ₹2,84,146 | ₹17,84,146 |
RD or SIP?
An RD gives you a guaranteed amount on a fixed date, which suits a goal two to five years away. A SIP in an equity fund may grow more over long periods, but the value moves with the market. For goals more than seven years out, compare with the SIP step up calculator.
Questions people ask
How is RD interest calculated?
Post office and bank RDs compound interest every quarter. Each monthly instalment earns interest from the month it is paid until maturity, so the first instalment earns the most and the last earns the least.
What is the post office RD interest rate now?
6.7% a year for the 5-year RD in October-December 2026. See the post office RD interest rate page.
How much will ₹10,000 a month in a post office RD give?
At 6.7%, ₹10,000 a month for 5 years matures at about ₹7,13,658. You deposit ₹6 lakh, and ₹1,13,658 is interest.
Is RD interest taxable?
Yes. RD interest is taxed at your slab rate, in both tax regimes. Banks may deduct TDS if your total interest crosses the threshold.