Banking & savings
RD Calculator (post-tax)
Monthly recurring deposit maturity with quarterly compounding, plus the tax on interest most calculators forget to subtract.
Your numbers
₹
% p.a.
years
%
Your result
₹3.46 lakh
Depositing ₹5,000 every month for 5 years at 6.75% gives a maturity of ₹3.57 lakh gross. After 20% tax on the ₹57,300 interest, you actually keep ₹3.46 lakh in hand.
- Total you deposit
- ₹3 lakh
- Interest earned (gross)
- ₹57,300
- Maturity (gross)
- ₹3.57 lakh
- Tax on interest
- ₹11,460
- Maturity (post-tax)
- ₹3.46 lakh
paisaexpert.com
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Same monthly amount, much higher return
A ₹5,000/month SIP at 12% for 5 years is roughly 50-80% more than this RD post-tax. See the gap.
Open it
When an RD makes sense
- You have a short-term goal (1 to 3 years) and need predictability.
- You are new to financial discipline and the auto-debit habit is more valuable than the return delta.
- You are in the 0 to 10 percent tax bracket, so the tax drag is small.
The honest comparison
For anyone in the 20% slab or above, an RD post-tax delivers roughly 4 to 5 percent. Inflation in India has averaged 5 to 6 percent for a decade. The real return on a 20%-slab RD is usually negative or near zero. Use RDs for goal-discipline, not for wealth building.