Recurring Deposit

A recurring deposit is a special kind of term deposit offered by banks in India 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.

12 Months @ 10% 24 Months @ 11% 36 Months @ 11.5% 48 Months @ 12% 60 Months @ 12%
Denomination Amount Deposit Amount Maturity Value Deposit Amount Maturity Value Deposit Amount Maturity Value Deposit Amount Maturity Value Deposit Amount Maturity Value
500 6,000 6,335 12,000 13,476 18,000 21,579 24,000 30,917 30,000 41,243
1000 12,000 12,670 24,000 26,953 36,000 43,158 48,000 61,834 60,000 82,486
2000 24,000 25,340 48,000 53,906 72,000 86,316 96,000 1,23,669 1,20,000 1,64,972
3000 36,000 38,010 72,000 80,860 1,08,000 129,474 1,44,000 1,85,504 1,80,000 2,47,459
4000 48,000 50,681 96,000 1,07,813 1,44,000 1,72,632 1,92,000 2,47,339 2,40,000 3,29,945
5000 60,000 63,351 1,20,000 1,34,766 1,80,000 2,15,790 2,40,000 3,09,174 3,00,000 4,12,431
6000 72,000 76,021 1,44,000 1,61,720 2,16,000 2,58,948 2,88,000 371,008 3,60,000 4,94,918

Contact Now