RD Calculator SBI vs Post Office: Which Gives Better Returns

Investing in recurring deposits is a great way to save money, but which bank gives better returns, SBI or post office, use an rd calculator sbi vs post office to find out

In India, 2026, investing in recurring deposits is a popular way to save money, with many banks and post offices offering competitive interest rates, CalcBaba provides practical advice on how to make the most of your investments, including using an rd calculator sbi vs post office to compare returns

When it comes to choosing between SBI and post office for recurring deposits, there are several factors to consider, including interest rates, tenure, and penalties for early withdrawal, an rd calculator sbi vs post office can help you make an informed decision

What is a Recurring Deposit

A recurring deposit is a type of savings account where you deposit a fixed amount of money at regular intervals, typically monthly, for a fixed period of time, the interest rates for recurring deposits vary between banks and post offices, with SBI offering around 5.1% per annum and post office offering around 5.8% per annum, for example, if you invest 1000 rupees per month for 5 years, you can earn around 50,000 rupees in interest, depending on the interest rate and compounding frequency

• Fixed deposit amount
• Fixed tenure
• Fixed interest rate

SBI Recurring Deposit Interest Rates

SBI offers competitive interest rates for recurring deposits, with rates ranging from 4.9% to 5.4% per annum, depending on the tenure and deposit amount, for example, if you deposit 1000 rupees per month for 3 years, you can earn around 30,000 rupees in interest, SBI also offers a 0.5% higher interest rate for senior citizens, making it a great option for retirees, you can use an rd calculator sbi vs post office to compare the interest rates and returns

• 4.9% per annum for 1-2 years
• 5.1% per annum for 2-3 years
• 5.4% per annum for 5 years

Post Office Recurring Deposit Interest Rates

Post office recurring deposits offer higher interest rates compared to SBI, with rates ranging from 5.5% to 6.7% per annum, depending on the tenure and deposit amount, for example, if you deposit 1000 rupees per month for 5 years, you can earn around 60,000 rupees in interest, post office also offers a 0.5% higher interest rate for senior citizens, making it a great option for retirees, you can use an rd calculator sbi vs post office to compare the interest rates and returns

• 5.5% per annum for 1-2 years
• 5.8% per annum for 2-3 years
• 6.7% per annum for 5 years

RD Calculator SBI vs Post Office

Using an rd calculator sbi vs post office can help you compare the interest rates and returns of SBI and post office recurring deposits, you can input the deposit amount, tenure, and interest rate to calculate the total interest earned, for example, if you deposit 1000 rupees per month for 5 years, the rd calculator sbi vs post office can show you the total interest earned, around 50,000 rupees for SBI and around 60,000 rupees for post office, this can help you make an informed decision about which bank to choose

• Deposit amount
• Tenure
• Interest rate

Conclusion

In conclusion, both SBI and post office offer competitive interest rates for recurring deposits, but post office offers higher interest rates, around 5.8% per annum, compared to SBI, around 5.1% per annum, using an rd calculator sbi vs post office can help you compare the interest rates and returns, and make an informed decision about which bank to choose, CalcBaba provides practical advice and tools to help you make the most of your investments