Post Office Recurring Deposit (RD) Calculator
Calculate your National Savings RD returns with latest official Post Office rates
6.7% p.a.
Best available rate by Post Office across all tenures
Oct 2026
Accurate interest rates synced with official schedules
The Post Office Recurring Deposit (RD) pays 6.7% a year, compounded quarterly, for Oct–Dec 2026. You deposit a fixed amount every month for 5 years, starting from ₹100. ₹5,000 a month grows to ₹3,56,829 at maturity. The rate on the day you open the account stays fixed for all 5 years. Interest is taxable at your slab rate.
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
+₹2,210
Current Interest Rate
Post Office General Rate
6.70%
per annum
Post Office Recurring Deposit Calculator Results
Year-wise breakdown of your monthly investments and returns
Post Office Recurring Deposit Interest Rates
Latest interest rates for different tenures
| Tenure | General Rate | General Maturity | Senior Citizen Rate | Senior Maturity |
|---|---|---|---|---|
| 5 Years | 6.7% | ₹3,56,829 | 6.7% | ₹3,56,829 |
Important Notes
- Min monthly: ₹100
- Closure allowed after 3 years, at the 4% savings rate
- TDS if interest exceeds ₹50,000 a year (₹1 lakh for senior citizens)
- Missed deposit: ₹1 fee per ₹100 for each month of default
Key Benefits
- Disciplined monthly savings habit
- Higher rates than savings accounts
- Loan up to 50% of deposits after one year
- Backed by the Government of India
Post Office RD Maturity Table (Oct–Dec 2026)
What a 5-year Post Office RD pays at 6.7% a year, compounded quarterly. Figures use India Post's standard RD formula; the post office may differ by a few rupees due to rounding.
| Monthly Deposit | You Deposit (60 months) | Interest Earned | Maturity Amount |
|---|---|---|---|
| ₹500 | ₹30,000 | ₹5,683 | ₹35,683 |
| ₹1,000 | ₹60,000 | ₹11,366 | ₹71,366 |
| ₹2,000 | ₹1,20,000 | ₹22,732 | ₹1,42,732 |
| ₹3,000 | ₹1,80,000 | ₹34,097 | ₹2,14,097 |
| ₹5,000 | ₹3,00,000 | ₹56,829 | ₹3,56,829 |
| ₹10,000 | ₹6,00,000 | ₹1,13,658 | ₹7,13,658 |
Post Office RD Rules: Deposits, Loan, Closure and Extension
- Who can open
- One adult, up to three adults jointly, a guardian for a minor, or a minor aged 10 or more in their own name. You can hold more than one RD.
- Monthly deposit
- ₹100 or more, in multiples of ₹10. Pay by the 15th if the account was opened before the 16th of a month, otherwise by the last working day.
- Missed deposits
- ₹1 for every ₹100 of the instalment for each month of default. Up to 4 defaults extend the maturity by as many months; after more than 4 the account is discontinued and can be revived only within 2 months.
- Paying in advance
- Pay 6 or more instalments in advance for a rebate: ₹10 per ₹100 of monthly deposit for 6 to 11 months, and ₹40 per ₹100 for every 12 months.
- Loan
- After one year and 12 deposits, borrow up to 50% of your deposits at 8.7% simple interest (the RD rate plus 2%). Repay in one go or in monthly instalments.
- Closing early
- Allowed only after 3 years. The whole account then earns the Post Office Savings Account rate (4%) instead of 6.7%.
- After 5 years
- Extend for up to 5 more years and keep depositing, or leave the maturity amount in the account for up to 5 years without new deposits. Both earn interest.
- If the holder dies
- No more deposits are taken and the money is paid to the nominee or legal heirs. Add a nominee when you open the account to avoid a long claim process.
Source: National Savings Recurring Deposit Scheme, 2019 (National Savings Institute), as amended. Rates from the Ministry of Finance quarterly notification.
Good fit if you
- want to save a fixed amount every month with no market risk
- are saving for a goal about 5 years away
- prefer a government-backed scheme at your local post office
Think twice if you
- may need the money within 3 years (no closure before that)
- are in the 30% tax slab: post-tax return falls to about 4.6%
- are a senior citizen: some banks pay seniors more on RDs
Tax & TDS on Post Office Recurring Deposits
Understanding tax implications and deductions on your RD investments
Section 80C
RDs do not qualify for the ₹1.5 lakh Section 80C deduction (only 5-year tax-saving FDs do, under the old tax regime)
Senior Citizens
Higher TDS threshold of ₹1 lakh a year for those aged 60 and above, who can also deduct up to ₹50,000 of deposit interest under the old regime
• Interest income is fully taxable as per income tax slab
• Form 15G/15H can be submitted to avoid TDS
• For 80C, look at PPF, NSC or a 5-year tax-saving FD instead
TDS Rate
10%
TDS Threshold
₹50,000
TDS Calculation
TDS is deducted at 10% if your total deposit interest with Post Office exceeds ₹50,000 in a financial year (₹1 lakh for senior citizens). It is a deduction threshold, not an exemption: all the interest is taxable.
TDS applies to interest earned each year, not to your deposits
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 6.7% for 5 years
₹56,829
Total Interest
Tax at 30% slab (before cess): ₹17,049
₹10,000/month RD
At 6.7% for 5 years
₹1,13,658
Total Interest
Tax at 30% slab (before cess): ₹34,097
₹25,000/month RD
At 6.7% for 5 years
₹2,84,146
Total Interest
Tax at 30% slab (before cess): ₹85,244
Post Office Recurring Deposit FAQs
Everything you need to know about Post Office Recurring Deposits, RD interest rates, and systematic savings planning
What is the Post Office RD interest rate now?
How much will I get if I deposit ₹5,000 a month in a Post Office RD?
What is the minimum deposit for a Post Office RD?
Can I close a Post Office RD before 5 years?
Can I take a loan against my Post Office RD?
What happens if I miss a monthly RD deposit?
Is Post Office RD interest taxable?
Compare RD Rates Across Banks
Calculate Recurring Deposit returns with different banks and find the best rates
