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RDSavings
National Savings Recurring Deposit Account
Current interest rate
6.7% p.a.
Rates valid for Q3 2026-27 (Oct-Dec)
A popular savings scheme that allows you to deposit a fixed amount every month for 5 years and earn guaranteed returns.
Key details
- Minimum deposit₹100/month
- Maximum depositNo limit
- Tenure5 Years
- CompoundingQuarterly
- Tax benefitsNone
Features and benefits
- Safe investment
- Can be extended beyond 5 years
- Premature closure allowed after 3 years
Tax & inflation view
Tax regime
- Tax saved via 80C (total)
- ₹0
- Tax on interest
- -₹11,366
- Post-tax value
- ₹3,45,463
- In today's money
- ₹2,70,680
Estimate only. Excludes surcharge and cess; interest is taxed in the year it accrues.
RD calculator
5 thousand
₹100₹1L
Duration (years)
5 years Fixed tenure
Total invested
₹3,00,000
Total interest
₹56,829
Maturity value
₹3,56,829
Year-by-year growth
| Year | Opening | Deposit | Interest | Closing |
|---|---|---|---|---|
| 1 | ₹0 | ₹60,000 | +₹2,210 | ₹62,210 |
| 2 | ₹62,210 | ₹60,000 | +₹6,484 | ₹1,28,694 |
| 3 | ₹1,28,694 | ₹60,000 | +₹11,052 | ₹1,99,746 |
| 4 | ₹1,99,746 | ₹60,000 | +₹15,933 | ₹2,75,679 |
| 5 | ₹2,75,679 | ₹60,000 | +₹21,150 | ₹3,56,829 |
Maturity value · 5 years
₹3,56,829
Total interest
+₹56.83K