Add a recurring deposit

Add one RD at a bank or the Post Office with four details — monthly deposit, rate, start date, and tenure.

Last reviewed 2026-11-07

Add a recurring deposit (RD) under a bank or Post Office organization. Four details are enough — you do not need to log each deposit.

Prerequisites: permission to create holdings. Viewers cannot add RDs.

Pick an organization

Open Recurring Deposit from the Investments menu, then choose Which organization is this RD with? Pick a bank or the Post Office.

Enter the terms

FieldNotes
Monthly Deposit (₹)Amount you deposit each month
Interest Rate (% p.a.)From your passbook or bank — you enter it
Start DateThe day of your first deposit
Tenure (months)Whole months, at least 1. Common tenures are offered as shortcuts

A preview shows the projected maturity.

Optional details (collapsed): RD number, bank-stated maturity amount, passbook balance, and compounding (defaults to quarterly).

Save and check the dashboard

Each value shows its source: passbook, bank stated, or projected. Fix any warnings shown.

Missed deposits and closing

  • Open the RD row menu and choose the missed-deposits option to mark months you missed
  • To close a matured RD, enter the Closing date and, optionally, Amount received (₹). The closing date must be between the start date and today
PreviousAdd a fixed depositAdd one FD under a Fixed Deposit organization — type, principal, rate, start date, and tenure — with the guided Add one transaction form.NextAdd a PPF transactionRecord a deposit, lump sum, interest, or withdrawal on a Public Provident Fund account with the guided Add one transaction form.