₹5,000/Month RD for 60 Months
See the maturity value and total interest on a ₹5,000/month recurring deposit for 60 months (5 years) at 6.5% p.a., compounded quarterly.
A ₹5,000/month recurring deposit for 5 years at 6.5% p.a. (quarterly compounding) matures to ₹3,54,954, earning ₹54,954 in interest on ₹3,00,000 in total deposits. Compare that to a fixed deposit: if you deposited ₹3,00,000 upfront at the same 6.5% rate for 5 years, you'd get roughly ₹4,14,126 — ₹59,172 less with the RD because the FD deploys the full principal from day one.
- Monthly installment
- ₹5,000
- Interest rate
- 6.5% p.a.
- Tenure
- 60 months
Maturity value
6.5% p.a.₹3,
after 5 years
Invested amount
₹3,
Total interest earned
₹54,
+18% gain
| Year | Invested | Split | Interest | Balance |
|---|---|---|---|---|
| 1 | ₹60,000 | ₹2,143 | ₹62,143 | |
| 2 | ₹1,20,000 | ₹8,425 | ₹1,28,425 | |
| 3 | ₹1,80,000 | ₹19,122 | ₹1,99,122 | |
| 4 | ₹2,40,000 | ₹34,527 | ₹2,74,527 | |
| 5 | ₹3,00,000 | ₹54,954 | ₹3,54,954 |
What the numbers mean
At 6% annual inflation, ₹3,54,954 after 5 years has the purchasing power of ₹2,65,242 in today's money — a real gain of only ₹0. This RD barely keeps pace with inflation. Consider longer-term equity investments for wealth creation.
An FD of ₹3,00,000 at 6.5% for 5 years matures to roughly ₹4,14,126 — compared to your RD's ₹3,54,954. An FD earns more because the full principal compounds from day one, while an RD is better when you can't invest a lump sum upfront. Compare with the FD calculator.
Extending from 60 months to 72 months at the same 6.5% rate would grow your maturity value from ₹3,54,954 to roughly ₹4,40,738. Try it on the RD calculator.
RD interest is added to your income and taxed at your income slab rate. At the 30% slab, the tax on ₹54,954 would be about ₹17,146. Your post-tax interest (estimated at 30% slab with cess) is roughly ₹38,468. Banks deduct TDS at 10% when FD/RD interest exceeds ₹40,000/year. Estimate your slab with the Income Tax calculator.
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FD Calculator
Same amount as lump sum: ₹3,00,000 FD vs this ₹5,000/mo RD
SSY Calculator
Estimate the maturity amount for a Sukanya Samriddhi Yojana account.
This calculator uses the standard RD formula with quarterly compounding (each monthly installment earns interest compounded quarterly for its remaining tenure). RD interest is taxable at your income slab rate; banks deduct TDS if annual interest exceeds ₹40,000 (₹50,000 for senior citizens).