Calculate maturity amount, interest, and tax‑adjusted returns for recurring deposits.
💡 Click on any bank – its interest rate will be set. Senior citizen rate applies if checkbox is ticked.
📊 Corpus growth year by year
Where:
₹5,000 monthly at 7% p.a., compounded quarterly, for 5 years → Maturity ≈ ₹3,57,000, Interest ≈ ₹57,000. Senior citizens get +0.50% extra.
Builds regular saving habit.
DICGC insured up to ₹5 lakh.
Fixed interest, no market risk.
Extra 0.50% for 60+.
Penalty reduces returns.
10% TDS on interest above ₹40,000.
Longer tenure gives higher interest.
Compare rates across banks.
| Parameter | RD | FD | PPF |
|---|---|---|---|
| Returns | 5.5-7.5% | 5.5-7.5% | ~7.1% (tax‑free) |
| Risk | Very low | Very low | Very low |
| Lock‑in | None (penalty) | None (penalty) | 15 years |
| Tax on returns | As per slab | As per slab | Tax‑free |
| Best for | Monthly savings | Lump sum safety | Retirement & tax saving |