Recurring Deposit Calculator Month Recurring Pre-tax Pre-tax

Taxed as per slab on accural basis Deposit Interest Total

Fill only the cells with green background 1 2500 20.66 2521
Interest Rate 10.00% 2 2500 41.49 5062
Monthly installment 2500 3 2500 62.50 7625
Duration of invest. (months)* 60 4 2500 83.68 10208
* minimum 2 months!! 5 2500 105.03 12813
Type of Compounding Quarterly 6 2500 126.56 15440
Month when RD started Jun 7 2500 148.27 18088
Financial year when RD started 2003-2004 8 2500 170.16 20758
Applicable tax slab 30.00% 9 2500 192.23 23451
Pre-tax Corpus not applicable! 10 2500 214.48 26165
Total investment 150,000 11 2500 236.91 28902
Post-tax Corpus( tax on accural basis) 12 2500 259.53 31662
Post-tax Coprus 180,936 13 2500 282.34 34444
Total interest earned(post-tax) 30,936 14 2500 305.33 37249
15 2500 328.52 40078
Taxed to paid each financial year After 16 2500 351.90 42930
Financial Year Amount Installment 17 2500 375.47 45805
2003-2004 360.00 10 18 2500 399.23 48704
2004-2005 1,352.73 22 19 2500 423.20 51627
2005-2006 2,455.51 34 20 2500 447.35 54575
2006-2007 3,672.77 46 21 2500 471.71 57547
2007-2008 5,016.40 58 22 2500 496.28 60543
2008-2009 976.29 60 23 2500 521.04 63564
24 2500 546.01 66610
25 2500 571.18 69681
26 2500 596.56 72778
27 2500 622.16 75900
28 2500 647.96 79048
Total tax to be payed 13,833.70 29 2500 673.98 82222
30 2500 700.21 85422
For reference purposes only 31 2500 726.66 88649
Pre-tax Corpus** 194,769.25 32 2500 753.33 91902
Total interest earned(pre-tax)** 44,769.25 33 2500 780.22 95182
34 2500 807.33 98489
35 2500 834.66 101824
36 2500 862.22 105186
37 2500 890.01 108576
38 2500 918.03 111994
39 2500 946.28 115441
40 2500 974.76 118915
41 2500 1003.48 122419
42 2500 1032.43 125951
43 2500 1061.63 129513
44 2500 1091.07 133104
45 2500 1120.75 136725
46 2500 1150.67 140375
47 2500 1180.84 144056
48 2500 1211.26 147768
49 2500 1241.94 151510
50 2500 1272.86 155282
51 2500 1304.05 159086
52 2500 1335.49 162922
53 2500 1367.19 166789
54 2500 1399.15 170688
55 2500 1431.37 174620
56 2500 1463.86 178583
57 2500 1496.63 182580
58 2500 1529.66 186610
59 2500 1562.96 190673
60 2500 1596.54 194769
Post-tax Post-tax Tax to Note: interest from RD is to declared on accural basis.
interest Total be paid That is each financial year. Tax has to be paid as per
14.28 2514 6.38 slab. No TDS does not mean no Tax!
28.67 5043 12.82
43.19 7586 19.31 Most banks use quarterly compounding for RDs
57.82 10144 25.86 Feedback welcome: pattu@iitm.ac.in
72.58 12717 32.45
87.45 15304 39.11
102.45 17906 45.82
117.58 20524 52.58
132.83 23157 59.40
148.20 25805 66.27
163.71 28469 73.21
179.34 31148 80.20
195.10 33843 87.24
210.99 36554 94.35
227.01 39281 101.51
243.16 42024 108.74
259.45 44784 116.02
275.87 47560 123.36
292.43 50352 130.77
309.12 53161 138.23
325.95 55987 145.76
342.93 58830 153.35
360.04 61690 161.00
377.29 64567 168.72
394.69 67462 176.50
412.23 70374 184.34
429.91 73304 192.25
447.74 76252 200.22
465.72 79218 208.26
483.85 82202 216.37
502.12 85204 224.54
520.55 88224 232.78
539.13 91263 241.09
557.86 94321 249.46
576.75 97398 257.91
595.80 100494 266.43
615.00 103609 275.01
634.36 106743 283.67
653.88 109897 292.40
673.56 113071 301.20
693.40 116264 310.07
713.41 119477 319.02
733.59 122711 328.04
753.93 125965 337.14
774.44 129239 346.31
795.11 132534 355.56
815.96 135850 364.88
836.98 139187 374.28
858.18 142546 383.76
879.55 145925 393.31
901.10 149326 402.95
922.82 152749 412.67
944.72 156194 422.46
966.81 159661 432.34
989.08 163150 442.29
1011.53 166661 452.33
1034.17 170195 462.46
1056.99 173752 472.66
1080.01 177332 482.96
1103.21 180936 493.33