RD Calculator — ₹1,000/Month Returns
A ₹1,000/month RD for 2 years (24 months) at 7% gives ₹25,612 maturity — ₹1,612 interest on ₹24,000 deposits. For 5 years: maturity ₹71,638 with ₹11,638 interest.
Total Deposited
₹1,20,000
Interest Earned
₹9,099
Maturity Amount
₹1,29,099
Calculated with quarterly compounding as per RBI guidelines for RD accounts. TDS applies on interest above ₹40,000 per year (₹50,000 for senior citizens).
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Calculated with CalcHub