Cosmos Bank Recurring Deposit Calculator
Calculate your RD returns with latest Cosmos Bank rates
Highest RD Rate
7.3% p.a.
Best available rate by Cosmos Bank across tenures
Minimum amount varies by bank (typically ₹100 - ₹500)
Used to calculate actual tax on RD interest. Select 0% if income below ₹3L
Maturity Amount
Total Investment
₹60,000
Interest Earned
+₹654
Current Interest Rate
Cosmos Bank General Rate
2.00%
per annum
Cosmos Bank Recurring Deposit Calculator Results
Year-wise breakdown of your monthly investments and returns
Cosmos Bank Recurring Deposit Interest Rates
Latest interest rates for different tenures
| Tenure | General Rate | General Maturity | Senior Citizen Rate | Senior Maturity |
|---|---|---|---|---|
| 7 days to 14 days | 2% | ₹5,008 | 2% | ₹5,008 |
| 15 days to 30 days | 3% | ₹5,013 | 3% | ₹5,013 |
| 31 days to 45 days | 3.5% | ₹5,015 | 3.5% | ₹5,015 |
| 46 days to 60 days | 3.75% | ₹10,047 | 3.75% | ₹10,047 |
| 61 days to 90 days | 4.25% | ₹15,107 | 4.25% | ₹15,107 |
| 91 days to 119 days | 5.5% | ₹20,230 | 6% | ₹20,251 |
| 120 Days | 6% | ₹20,251 | 6.25% | ₹20,262 |
| 121 days to 181 days | 5.5% | ₹30,485 | 6% | ₹30,529 |
| 182 days to less than 9 months | 6% | ₹46,140 | 6.5% | ₹46,237 |
| 9 months to less than 12 months | 6.15% | ₹62,037 | 6.85% | ₹62,274 |
| 16 Months* | 7.05% | ₹84,115 | 7.3% | ₹84,265 |
| Above 16 months to 24 months | 6.85% | ₹128,949 | 7.05% | ₹129,223 |
| Above 24 months to 36 months | 6.65% | ₹199,705 | 7.1% | ₹201,134 |
| Above 36 months to 10 years | 6.75% | ₹858,421 | 7.15% | ₹877,804 |
Important Notes
- Min monthly: ₹100
- Penalty: 1% on premature closure
- TDS applicable if annual interest exceeds ₹40,000
- 15 days grace period for missed installments
Key Benefits
- Disciplined monthly savings habit
- Higher rates than savings accounts
- Auto-debit facility available
- DICGC insurance up to ₹5,00,000
Tax & TDS on Cosmos Bank Recurring Deposits
Understanding tax implications and deductions on your RD investments
Section 80C
Tax-saving RDs (5-year lock-in) qualify for deduction up to ₹1.5 lakh under Section 80C
Senior Citizens
Higher TDS exemption limit of ₹50,000 for citizens above 60 years
• Regular RDs don't qualify for Section 80C deduction
• Interest income is fully taxable as per income tax slab
• Form 15G/15H can be submitted to avoid TDS
• NSC and other alternatives also qualify for 80C
TDS Rate
10%
Exemption Limit
₹40,000
TDS Calculation
TDS is deducted at 10% if total interest from all RDs with Cosmos Bank exceeds ₹40,000 in a financial year
TDS is calculated on maturity amount
No TDS on monthly installments
Form 26AS shows TDS deducted at maturity
Can be claimed as advance tax while filing ITR
₹5,000/month RD
At 7.05% for 3 years
₹22,842
Total Interest
TDS: ₹0
₹10,000/month RD
At 7.05% for 3 years
₹45,684
Total Interest
TDS: ₹568.4
₹25,000/month RD
At 7.05% for 3 years
₹114,210
Total Interest
TDS: ₹7,421
Cosmos Bank Recurring Deposit FAQs
Everything you need to know about Cosmos Bank Recurring Deposits, RD interest rates, and systematic savings planning
What is the minimum amount required for Cosmos Bank RD?
What is the current highest RD rate offered by Cosmos Bank?
Is the interest earned on Cosmos Bank RD taxable?
Can I miss a monthly installment in Cosmos Bank RD?
Compare RD Rates Across Banks
Calculate Recurring Deposit returns with different banks and find the best rates
