Saving ₹15,000 a month in a recurring deposit for 5 years at 6.7% (the Post Office RD rate) gives a maturity of about ₹10,70,487. You deposit ₹9,00,000, so ₹1,70,487 is interest.
₹15,000 a month RD after 5 years (6.7%)
₹10,70,487
- You deposit
- ₹9,00,000
- Interest earned
- ₹1,70,487
- After 1 year
- ₹1,86,630
₹15,000 RD maturity by rate and tenure
| Tenure | 6% | 6.5% | 6.7% | 7% | 7.5% |
|---|---|---|---|---|---|
| 1 year | ₹1,85,929 | ₹1,86,430 | ₹1,86,630 | ₹1,86,932 | ₹1,87,435 |
| 2 years | ₹3,83,266 | ₹3,85,276 | ₹3,86,083 | ₹3,87,297 | ₹3,89,329 |
| 3 years | ₹5,92,713 | ₹5,97,366 | ₹5,99,238 | ₹6,02,059 | ₹6,06,795 |
| 5 years | ₹10,50,953 | ₹10,64,862 | ₹10,70,487 | ₹10,78,992 | ₹10,93,346 |
| 10 years | ₹24,66,435 | ₹25,34,819 | ₹25,62,819 | ₹26,05,526 | ₹26,78,640 |
Deposits vs interest at 6.7%
| Tenure | You deposit | Interest | Maturity |
|---|---|---|---|
| 1 year | ₹1,80,000 | ₹6,630 | ₹1,86,630 |
| 2 years | ₹3,60,000 | ₹26,083 | ₹3,86,083 |
| 3 years | ₹5,40,000 | ₹59,238 | ₹5,99,238 |
| 5 years | ₹9,00,000 | ₹1,70,487 | ₹10,70,487 |
| 10 years | ₹18,00,000 | ₹7,62,819 | ₹25,62,819 |
An RD suits regular saving from your monthly salary. Missing an instalment usually means a small penalty, and RD interest is taxable at your slab rate, with TDS if interest at the bank crosses the yearly threshold.
Compare nearby amounts
| Monthly deposit | After 1 year | After 5 years |
|---|---|---|
| ₹3,000 a month | ₹37,326 | ₹2,14,097 |
| ₹5,000 a month | ₹62,210 | ₹3,56,829 |
| ₹10,000 a month | ₹1,24,420 | ₹7,13,658 |
| ₹15,000 a month | ₹1,86,630 | ₹10,70,487 |
| ₹20,000 a month | ₹2,48,841 | ₹14,27,317 |
| ₹25,000 a month | ₹3,11,051 | ₹17,84,146 |
Change the numbers
Frequently asked questions
What is the maturity of ₹15,000 RD for 5 years?
About ₹10,70,487 at 6.7% with quarterly compounding, from deposits of ₹9,00,000.
What is the maturity of ₹15,000 RD for 1 year?
About ₹1,86,630 at 6.7%, or ₹1,86,932 at 7%.
Is RD better than SIP for ₹15,000 a month?
An RD gives a fixed, guaranteed return (about ₹10,70,487 after 5 years at 6.7%). An equity SIP of the same amount could grow to about ₹12,37,295 at 12% a year, but returns are not guaranteed and can be lower or negative over short periods.
Quarterly compounding. Post Office 5-year RD at 6.7% for October to December 2026; bank RD rates vary. RD interest is taxable at your slab rate. An estimate. Related: All RD amounts · RD calculator · FD interest table · SIP returns