Post Office Recurring Deposit (RD): 5-Year and Calculator

The Post Office Recurring Deposit (RD) lets you save a fixed amount every month for 5 years. Minimum deposit is ₹100 per month (multiples of ₹10); there is no upper limit. Interest is compounded quarterly and the rate is fixed at account opening (e.g. 6.7% for 5-year RD). A loan against the RD is allowed after 12 monthly deposits (up to 50% of balance).

Premature closure is allowed after 3 years; interest may be reduced if closed earlier. On maturity, you get all deposits plus interest. The account can be single, joint, or in the name of a minor through guardian.

Use our Post Office RD Calculator to estimate maturity. For opening, closing, and loan rules, see the Q&A on the calculator page.