RD Calculator for ₹1K/month — 5 Years Returns
Your monthly deposit of ₹1K/month at 6.5% for 5 Years grows to ₹70,992.
Maturity Value
₹70,992
Total Invested
₹60,000
Est. Returns
₹10,992
Wealth Gain
18.3%
Breakdown
Invested: ₹60,000 (85%)
Returns: ₹10,992 (15%)
📊 Interactive Growth Analysis
Invested vs Returns
Wealth Growth Over Time
Scenario Comparison
| Metric | Your plan | +2% Returns (8.5%) | +5 Years (10yr) |
|---|---|---|---|
| Total Invested | ₹60,000 | ₹60,000 | ₹1.20 L |
| Maturity Value | ₹70,992 | ₹74,852 ↑ ₹3,860 | ₹1.69 L ↑ ₹97,999 |
| Est. Returns | ₹10,992 | ₹14,852 | ₹48,991 |
💡 Understanding RD Returns on ₹1K/month
A ₹1K/month Recurring Deposit at 6.5% builds a corpus of ₹70,992 over 5 Years. Your total deposits of ₹60,000 earn ₹10,992 in interest. RDs are perfect for building a savings discipline — the fixed monthly commitment mirrors an EMI but builds wealth instead of repaying debt.
RD rates are typically 0.25-0.50% lower than FD rates at the same bank. For ₹1K/month, consider whether a RD or a SIP in a debt mutual fund might give better after-tax returns. Debt mutual funds offer indexation benefits on long-term gains, which can be significant for those in the 20-30% tax bracket.