Recurring Deposit Plans to Earn ₹5 Lakh in 5 Years : If you do not have a lump sum for investment, then you can invest small amounts every month. In such a situation, Recurring Deposit i.e. RD is a good option. In RD, you deposit some money every month for a fixed period.
Recurring Deposit Plans to Earn ₹5 Lakh in 5 Years
When the maturity period is completed, you get your money back with interest. Many banks offer Recurring Deposit to their customers. Post Office also offers RD to its customers. However, after the popularity of SIP, the attraction of RD has decreased a bit.
Recurring Deposit Tenure & Returns
You can open an Recurring Deposit account in a bank or post office. Everywhere you will find some difference in the interest rate and rules. For example, banks offer RD schemes from 6 months to 10 years. At the same time, post office RD matures in 5 years.
The interest rate of bank RD is usually almost equal to the FD of that period. But the post office RD scheme offers an interest rate of 6.7 percent. The maturity period in RD usually ranges from 6 months to 10 years. The interest of RD is compounded in 3 months. If you withdraw money from Recurring Deposit before maturity, you will get less interest.
Highest RD Interest Rates in 2025
Yes Bank is offering the highest interest rate on Recurring Deposit. Yes Bank is offering the highest interest rate of 7.85 percent to senior citizens on RDs with tenures ranging from 36 months to less than 60 months. The bank is offering 7.10 percent interest rate to general citizens on this RD.
Ujjivan Small Finance Bank is offering a high interest rate of 7.75 percent to its customers on 24-month RD. The post office is also offering a good interest rate on Recurring Deposit. It is offering 6.7 percent interest rate on 5-year RD. If you want, you can extend the RD for another 5 years by applying after 5 years.
5-Year Recurring Deposit (RD) Interest Rates – July 2025
| Bank / Institution | Interest Rate (5-Year RD) |
|---|---|
| Ujjivan Small Finance Bank | 7.20% |
| Yes Bank | 6.75% |
| India Post (Post Office RD) | 6.70% |
| ICICI Bank | 6.60% |
| Punjab National Bank (PNB) | 6.50% |
| HDFC Bank | 6.40% |
| Bank of Baroda | 6.40% |
| State Bank of India (SBI) | 6.30% |
Recurring Deposit Plans to Earn ₹5 Lakh in 5 Years
If you deposit Rs 7000 every month in a 5-year RD of Ujjivan Small Finance Bank, you will get Rs 5,06,199 on maturity. If you deposit Rs 7000 every month in a 5-year RD of Yes Bank, you will get Rs 5,00,221 on maturity. Apart from this, if you deposit Rs 7100 in a 5-year Recurring Deposit of SBI, you will get Rs 5,01,389 on maturity.
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