Calculate monthly Recurring Deposit (RD) maturity for Post Office RD (6.7% p.a.) and SBI, HDFC, ICICI, Axis Bank RDs using Indian IBA quarterly compounding.
| Monthly RD Deposit | Total Deposited (60 Mos) | Total Interest Earned | 5-Year Maturity Value |
|---|---|---|---|
| ₹2,000/month | ₹1,20,000 | ₹22,732 | ₹1,42,732 |
| ₹5,000/month | ₹3,00,000 | ₹56,830 | ₹3,56,830 |
| ₹10,000/month | ₹6,00,000 | ₹1,13,659 | ₹7,13,659 |
| ₹25,000/month | ₹15,00,000 | ₹2,84,148 | ₹17,84,148 |
India Post National Savings Recurring Deposit accounts have a 5-year (60-month) maturity period and can be extended for another 5 years.