| Quarter | Total Invested | Interest Earned | Balance |
|---|
Post Office RD Calculator – Calculate 5 Year RD Maturity Value
The Post Office Recurring Deposit Calculator helps you calculate the exact maturity value of your 5 year RD investment based on the official interest rate.
This calculator shows:
- Total amount invested
- Total interest earned
- Final maturity value
- Quarterly breakdown of balance growth
- Visual comparison between principal and interest
It is designed specifically for the 5 Year Post Office Recurring Deposit scheme.
What Is Post Office Recurring Deposit (RD)?
Post Office RD is a government-backed small savings scheme where you deposit a fixed amount every month for 5 years and earn guaranteed interest.
Key Features
- Fixed 5 year tenure
- Monthly fixed deposit amount
- Quarterly compounding of interest
- Government-backed safety
- Eligible for Section 80C benefits
This makes RD suitable for disciplined short-term to medium-term savings goals.
Current Post Office RD Interest Rate
The calculator uses the officially declared interest rate of:
6.7% per annum
Compounded quarterly
Interest is calculated every quarter and added to the balance, increasing future returns through compounding.
How This RD Calculator Works
The calculator follows the actual Post Office method:
- You deposit money every month
- Interest is applied quarterly
- Interest is added to the total balance
- Next quarter interest is calculated on updated balance
It automatically generates:
- 20 quarters (5 years × 4)
- Quarterly invested amount
- Quarterly interest earned
- Updated balance after each quarter
You also get a full breakdown table and downloadable CSV.
RD Calculation Formula
Interest is calculated quarterly using:
Quarterly Interest = Balance × (Annual Interest Rate ÷ 4)
Where:
- Annual rate = 6.7%
- Quarterly rate = 6.7 ÷ 4 ÷ 100
- Tenure = 20 quarters
The calculator compounds interest every quarter until maturity.
Example
Suppose you invest ₹5,000 per month in Post Office RD for 5 years at 6.7%.
- Total Investment = ₹3,00,000
- Interest Earned = Based on quarterly compounding
- Maturity Value = Investment + Total Interest
The calculator shows exact quarter-wise growth instead of rough estimates.
What Results You Get Instantly
When you click calculate, you see:
- Maturity value prominently displayed
- Total invested amount
- Total interest earned
- Investment vs interest chart
- Quarterly schedule
- Downloadable CSV report
- Shareable link of your RD plan
This helps you compare savings strategies easily.
Who Should Use This RD Calculator
- Individuals planning safe savings
- Parents saving for short-term goals
- Investors comparing RD vs FD
- People planning disciplined monthly deposits
- Users checking maturity before opening RD account
RD vs Other Savings Options
RD vs Fixed Deposit
| Feature | RD | FD |
|---|---|---|
| Deposit Type | Monthly | Lump sum |
| Compounding | Quarterly | Quarterly |
| Flexibility | High | Low |
| Ideal For | Salary savers | Lump sum investors |
RD vs PPF
| Feature | RD | PPF |
|---|---|---|
| Tenure | 5 Years | 15 Years |
| Returns | Fixed | Fixed |
| Liquidity | Medium | Low |
| Goal | Short term savings | Long term wealth |
RD vs SIP
| Feature | RD | SIP |
|---|---|---|
| Risk | Low | Market linked |
| Returns | Fixed | Variable |
| Ideal For | Conservative investors | Growth investors |
Benefits of Using PlanMyReturns RD Calculator
- Uses official Post Office interest rate
- Applies quarterly compounding correctly
- Generates full quarter-wise breakdown
- Mobile friendly schedule cards
- Share plan feature
- Download CSV option
- No login required
Frequently Asked Questions
The maturity amount depends on the current interest rate. At 6.7% with quarterly compounding, the calculator provides the exact maturity value instantly.
Interest is calculated quarterly on the total balance including previous interest.
Yes. Interest earned on RD is taxable as per your income slab. TDS applies if total interest exceeds prescribed limits.
Premature withdrawal is allowed after 3 years but with reduced interest benefits.
Yes. It is backed by the Government of India, making it one of the safest savings options.
RD is better if you want to invest monthly. FD is better if you have a lump sum.
You receive the maturity value. You can reinvest or withdraw.