SBI RD Calculator — Current Interest Rate
SBI RD offers 6.8-7% p.a. depending on tenure. A ₹5,000/month RD for 24 months at 6.8% gives ₹1.28 lakh maturity on ₹1.20 lakh deposits — ₹8,160 interest earned.
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