Post Office RD Calculator
Enter your monthly deposit to see what a 5-year post office RD grows into at 6.7%.
Runs entirely in your browser — your numbers never leave this page.
How it works
The post office RD is India's simplest disciplined-saving machine:
- Rate: 6.7% p.a., compounded quarterly — that compounding edge makes the effective yield ~6.9%.
- Term: 5 years, extendable in 5-year blocks. Deposits due by the 15th (or end of month for later accounts).
- Tax: interest is fully taxable at your slab — at 30%, the post-tax return drops to ~4.7%.
- Vs bank RD: post office RD rates are set by the government quarterly; banks vary. Compare post-tax, not headline rates.
- Vs PPF: PPF (7.1%, tax-free, 15 yrs) beats RD on every axis except liquidity — RD suits 5-year goals.
- Default penalty: miss a deposit and you pay a small default fee; 4 consecutive defaults can discontinue the account.
Frequently asked questions
What is the post office RD interest rate?
6.7% per annum, compounded quarterly (effective yield ~6.9%). Rates are revised quarterly by the government.
What is the RD tenure?
5 years, extendable in blocks of 5 years. Minimum deposit Rs 100/month, no maximum.
Is post office RD interest taxable?
Yes — fully taxable at your income slab. Unlike PPF, there's no tax exemption.
Can I close the RD early?
Premature closure is allowed after 1 year, with the savings-account rate applying — a real penalty.
What happens if I miss a deposit?
A default fee applies per missed month; 4 consecutive defaults can discontinue the account (revivable within 2 months).
Post office RD vs bank RD?
Compare post-tax returns. Post office rates are government-set; banks vary by tenure and customer type (seniors get extra).
Post office RD vs PPF?
PPF wins on rate (7.1%) and tax-free status but locks money 15 years. RD suits 5-year goals and smaller commitments.
Can I open an RD online?
Yes, through IPPB/post office internet banking if you hold a post office savings account.
Is there a loan against RD?
Yes — up to 50% of the balance after 1 year, repayable in lump sum with interest.
Can minors open an RD?
Yes, minors above 10 can open and operate their own RD account.