How much does a ₹12,000 monthly RD mature to in 5 years?
Based on these numbers, this RD matures to about ₹8,56,390 — ₹1,36,390 in interest on ₹7,20,000 deposited.
How this grows over time
What is a Post Office Recurring Deposit?
You deposit a fixed amount every month for 5 years, and the scheme pays a fixed official interest rate, compounded quarterly — the same underlying calculation as this site’s general RD calculator, just using the Post Office’s specific current rate and branded for that scheme. If you’re comparing a Post Office RD against a bank RD, the general RD calculator lets you enter any bank’s rate directly.
What this simplifies
The scheme allows depositing an amount equal to a whole multiple of the base instalment, and has specific rules around late-payment penalties and premature closure — none of which this calculator models. This shows the maturity value assuming every instalment is paid on time for the full term.