Senior Citizen RD Calculator — Higher Interest Rate
Senior citizens get 0.25-0.50% extra on RD rates. At 7.5% (vs regular 7%), ₹10,000/month for 5 years gives ₹7.24 lakh maturity — ₹24,000 more than the regular rate of ₹7.16 lakh.
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