What is the maturity value of a ₹3,500 monthly RD?
Based on these numbers, this RD matures to about ₹2,49,780 — ₹39,780 in interest on ₹2,10,000 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.