DBS Bank Recurring Deposit Calculator
Calculate your RD returns with latest DBS rates
Highest RD Rate
7.1% p.a.
Best available rate by DBS 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
+₹901
Current Interest Rate
DBS General Rate
2.75%
per annum
DBS Recurring Deposit Calculator Results
Year-wise breakdown of your monthly investments and returns
DBS Recurring Deposit Interest Rates
Latest interest rates for different tenures
| Tenure | General Rate | General Maturity | Senior Citizen Rate | Senior Maturity |
|---|---|---|---|---|
| 7 days | 2.75% | ₹5,011 | 2.75% | ₹5,011 |
| 8 days | 3% | ₹5,013 | 3% | ₹5,013 |
| 9 days & up to 14 days | 2.75% | ₹5,011 | 2.75% | ₹5,011 |
| 15 days & up to 29 days | 3.25% | ₹5,014 | 3.25% | ₹5,014 |
| 30 days & up to 45 days | 3.25% | ₹5,014 | 3.25% | ₹5,014 |
| 46 days & up to 60 days | 3.5% | ₹10,044 | 3.5% | ₹10,044 |
| 61 days | 3.75% | ₹10,047 | 3.75% | ₹10,047 |
| 62 days & up to 90 days | 4% | ₹15,100 | 4% | ₹15,100 |
| 91 to 180 days | 4.25% | ₹30,374 | 4.25% | ₹30,374 |
| 181 days | 5% | ₹30,441 | 5.5% | ₹30,485 |
| 182 to 189 days | 5.8% | ₹30,512 | 6.3% | ₹30,556 |
| 190 to 269 days | 5.8% | ₹46,102 | 6.3% | ₹46,198 |
| 270 to less than 1 year | 6% | ₹61,986 | 6.5% | ₹62,155 |
| 376 days to 540 days | 6.6% | ₹94,852 | 7.1% | ₹95,232 |
| 541 days to 599 days | 6.6% | ₹105,981 | 7.1% | ₹106,452 |
| 600 days | 6.6% | ₹105,981 | 7.1% | ₹106,452 |
| 601 days to less than 2 years | 6.5% | ₹128,473 | 7% | ₹129,154 |
| 2 years to less than 2 years & 6 months | 6.4% | ₹128,337 | 6.9% | ₹129,018 |
| 2 years 6 months 1 day & less than 3 years | 6.4% | ₹198,917 | 6.9% | ₹200,497 |
| 3 years and less than 4 years | 6.4% | ₹274,149 | 6.9% | ₹277,068 |
| 4 years to less than 5 years | 6.4% | ₹354,340 | 6.9% | ₹359,092 |
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 DBS 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 DBS 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 6.6% for 3 years
₹21,384
Total Interest
TDS: ₹0
₹10,000/month RD
At 6.6% for 3 years
₹42,768
Total Interest
TDS: ₹276.8
₹25,000/month RD
At 6.6% for 3 years
₹106,920
Total Interest
TDS: ₹6,692
DBS Recurring Deposit FAQs
Everything you need to know about DBS Recurring Deposits, RD interest rates, and systematic savings planning
What is the minimum amount required for DBS RD?
What is the current highest RD rate offered by DBS?
Is the interest earned on DBS RD taxable?
Can I miss a monthly installment in DBS RD?
Compare RD Rates Across Banks
Calculate Recurring Deposit returns with different banks and find the best rates
