R.D Plan | |||||||
Amount | 12 Month | 18 Month | 24 Month | 30 Month | 36 Month | 48 Month | 60 Month |
500 | 6336 | 9749 | 13402 | 17581 | 21462 | 30657 | 41568 |
1000 | 12672 | 19499 | 26805 | 35161 | 42923 | 61314 | 83137 |
1500 | 19008 | 29248 | 40207 | 52742 | 64385 | 91972 | 124705 |
2000 | 25344 | 38997 | 53609 | 70322 | 85846 | 122629 | 166274 |
2500 | 31680 | 48747 | 67012 | 87903 | 107308 | 153286 | 207842 |
3000 | 38016 | 58496 | 80414 | 105484 | 128769 | 183943 | 249411 |
4000 | 50688 | 77995 | 107218 | 140645 | 171692 | 245258 | 332547 |
5000 | 63360 | 97493 | 134023 | 175806 | 214615 | 306572 | 415684 |
10000 | 126721 | 194987 | 268046 | 351612 | 429231 | 613144 | 831369 |
20000 | 253442 | 389974 | 536092 | 703225 | 858461 | 1226289 | 1662737 |
50000 | 633605 | 974935 | 1340230 | 1758062 | 2146153 | 3065722 | 4156843 |
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 Recurring Deposits. It is similar to making RDs of a certain amount in monthly installments, for example 100/- every month. This deposit matures on a specific date in the future along with all the deposits made every month.