Calculate your maturity proceeds, interest accumulated, and senior citizen rates for monthly deposits in SBI Recurring Deposits.
Calculate maturity amount and interest earned with quarterly compounded RD
₹3,00,000
₹54,954
₹3,54,954
Year-by-year accumulation showing total principal invested and returns generated.
| Year | Invested Amount | Estimated Returns | Total Value |
|---|---|---|---|
| Year 1 | ₹60,000 | +₹2,143 | ₹62,143 |
| Year 2 | ₹1,20,000 | +₹8,425 | ₹1,28,425 |
| Year 3 | ₹1,80,000 | +₹19,122 | ₹1,99,122 |
| Year 4 | ₹2,40,000 | +₹34,527 | ₹2,74,527 |
| Year 5 | ₹3,00,000 | +₹54,954 | ₹3,54,954 |
Recurring Deposits combine the safety and certainty of fixed deposits with the disciplined habit of monthly contributions. If you are saving for a near-term goal within 1 to 3 years (such as a festival expense, vacation, or insurance premium), an RD protects your principal with zero volatility risk.
State Bank of India compounds RD interest on a quarterly basis. Each monthly installment earns interest for the exact remaining fraction of quarters in the deposit tenure, ensuring compounded growth.