Post Office RD Calculator
The maturity value of a five-year Post Office recurring deposit at the current rate, compounded quarterly as the scheme rules lay down.
Result
Maturity value after 5 years: ₹3,56,829.00Estimate
The rate is fixed for the five years when the account is opened.
- Total deposited
- ₹3,00,000.00Estimate
- Interest earned
- ₹56,829.00Estimate
https://calcgallery.com/investment-returns/post-office-rd-calculator/
Results are arithmetic on the returns, rates and horizons you enter, not a forecast and not investment, tax or retirement advice. The site supplies no expected return, inflation rate, contribution limit, tax rate or withdrawal rate. Real returns vary from year to year, and fees, taxes and the order of returns all change the outcome. Check anything that matters with a qualified adviser. Read the full disclaimer
How to use the Post Office RD Calculator
- Enter how much you will deposit each month, ₹100 or more.
- Read the maturity value after 60 monthly deposits, what you paid in and the interest.
- For an account opened at an older rate, change the rate under More options.
The formula behind the scheme’s table
The Post Office Recurring Deposit Scheme sets the maturity amount for each ₹100 a month in a table. Working back from that table gives the rule it follows: every deposit grows at a quarter of the yearly rate per quarter, for the number of thirds of a quarter it has left to run.
maturity = sum over k = 1 … 60 of deposit × (1 + rate ÷ 4)^(k ÷ 3)paid as the nearest rupeeAt 7.2% that gives ₹7,231.38 per ₹100 a month, and at 5.8% it gives ₹6,969.67, the two figures printed in the rules. The page applies the same formula at today’s rate.
With your numbers
- Each of the 60 deposits compounds quarterly for the time it is in the account
- Maturity = sum of P × (1 + rate ÷ 4)^(k ÷ 3) for k = 1 to 60, rounded to the rupee
Quick reference
The rate is fixed for the five years when the account is opened.
| Example | Maturity value after 5 years |
|---|---|
| ₹100 a month | ₹7,137.00 |
| ₹500 a month | ₹35,683.00 |
| ₹1,000 a month | ₹71,366.00 |
| ₹2,000 a month | ₹1,42,732.00 |
| ₹5,000 a month | ₹3,56,829.00 |
| ₹10,000 a month | ₹7,13,658.00 |
Where the numbers come from
The fixed figures this calculator relies on, and the published source each one was checked against. How the calculators are built and checked
3 sources
DEA Office Memorandum F.No.1/4/2019-NS of 30.09.2026, rates for 1.10.2026 to 31.12.2026 "shall remain unchanged" from the second quarter, https://dea.gov.in/files/budget_division_documents/R.pdf, carrying the rate table of the OM of 29.12.2023, https://dea.gov.in/files/budget_division_documents/Q4_2023_24.pdf: "5-Year Recurring Deposit 6.7"
Used for
- Post Office 5-year Recurring Deposit interest rate, October to December 2026.
Post Office Recurring Deposit Scheme, 2019, para 5(2): "one hundred rupees or any sum in multiples of ten rupees", https://www.nsiindia.gov.in/InternalPage.aspx?Id_Pk=165
Used for
- Recurring deposit: least monthly deposit, in multiples of ten rupees.
Post Office Recurring Deposit Scheme, 2019, https://www.nsiindia.gov.in/InternalPage.aspx?Id_Pk=165
Used for
- Recurring deposit: sixty monthly deposits.
Common questions about the Post Office RD Calculator
- How is post office RD interest compounded?
- Quarterly. Each monthly deposit earns interest compounded every quarter for the time it stays in the account, so the first deposit earns for five years and the last for one month. The scheme rules publish the maturity value per ₹100 a month at each rate, and this page reproduces those tables exactly.
- What if I miss a deposit?
- A missed deposit can be made up with the next one. After four missed deposits the account is discontinued, though it can be revived within two months. Check the charges for a late deposit with the post office. The page assumes every deposit is made on time.
- Can I close it early?
- After three years. The interest then is at the Post Office savings account rate, not the RD rate, so closing early earns much less.
- Is RD interest taxable?
- Yes, at your slab rate, as it accrues. There is no tax deduction for the deposits.