Post Office Recurring Deposit (RD) Calculator for calculating maturity amount of Post Office Recurring Deposit saving. Recurring Deposits are a special kind of Term Deposits offered by Post Office, which help people with regular incomes to deposit a fixed amount every month into their Recurring Deposit account and earn interest at the rate applicable to Fixed Deposits.

This Post Office Recurring Deposit (RD) Calculator requires some data like – Your Monthly Deposit Amount, Rate of Interest of Post Office (i.e. currently 8.4%), Period (i.e. 60 Months), interest Compounding Frequency (i.e. Quarterly). After calculation you will get the Maturity Amount after maturity period and Effective yield in %.

The investment under 5 Years TD qualifies for the benefit of Section 80C of the Income Tax Act, 1961 from 1.4.2007.