| After | Deposited | Value |
|---|
| Year 1 | ₹60,000 | ₹62,311 |
| Year 2 | ₹1,20,000 | ₹1,29,099 |
| Year 3 | ₹1,80,000 | ₹2,00,686 |
| Year 4 | ₹2,40,000 | ₹2,77,418 |
| Year 5 | ₹3,00,000 | ₹3,59,664 |
Uses quarterly compounding, the method most Indian banks and the Post Office use. RD interest is taxable at your slab rate, and TDS applies above ₹50,000 of interest a year (₹1 lakh for senior citizens).