Post Office RD Calculator

Post Office RD Calculator

The Post Office RD Calculator helps you estimate the maturity amount and interest earned on your investment in a Post Office Recurring Deposit (RD). Whether you’re saving monthly for short- to medium-term goals or seeking a fixed-income option, this tool provides a clear projection of your returns.

What Is a Post Office RD?

A Recurring Deposit (RD) offered by India Post allows you to deposit a fixed amount every month for 5 years and earn guaranteed returns at a government-declared interest rate.

Key Features

• Tenure: 5 years (60 months)
• Deposit frequency: Monthly
• Minimum deposit: ₹100/month
• Deposit in multiples of: ₹10 thereafter
• Interest rate: 6.7% p.a. (Q1 FY 2024–25), compounded quarterly
• Taxation: Interest is taxable; no TDS is deducted

How the Post Office RD Calculator Works

Inputs Required

• Monthly deposit amount
• Investment period (default is 5 years)
• Interest rate (auto-filled or manually adjusted)

Formula Used

A = P × [ (1 + r/n)nt – 1 ] / (1 – (1 + r/n)–1/3)

• A: Maturity amount
• P: Monthly installment
• r: Annual interest rate (in decimal)
• n: Compounding periods per year (4 for quarterly)
• t: Tenure in years

Output Provided

• Total investment
• Total interest earned
• Maturity value at the end of 5 years

Example

If you invest ₹5,000 per month in a Post Office RD for 5 years at 6.7% interest:

• Total investment = ₹3,00,000
• Interest earned ≈ ₹56,000
• Maturity amount ≈ ₹3.56 lakh

Benefits of Using the Post Office RD Calculator

• Accurate Projections: Helps plan short- and medium-term savings
• Government-Backed Safety: No exposure to market risk
• Simple Inputs: Just enter the monthly amount and interest rate
• Budgeting Aid: Helps decide how much to save monthly

Disclaimer : The results given by the above calculator are for illustration purpose only. They are often based on a number of assumptions. The results given are in no way any guarantee of the returns that will be given. Investments in stock markets and securities markets are subject to market risks and other risks. There is no guarantee of the return that will be actually given. Investment in other financial products may also be subject to market risks and other risks. There is no guarantee of the returns that will be given by them. The calculator also does not make any recommendation directly or indirectly. Please consult a registered Financial Advisor before taking any investment decision.