AU Bank Recurring Deposit (RD) Calculator
Plan recurring monthly savings with AU Small Finance Bank Recurring Deposits. Ideal for salaried professionals and disciplined savers looking to accumulate funds with automated monthly debits starting from as low as ₹100 per month.
Official Rate Formula & Benchmark:
AU Bank Recurring Deposits compound interest quarterly on every monthly instalment per IBA guidelines. A monthly instalment at 7.25% p.a. for 3 years builds cumulative maturity value through automated disciplined savings.
Current official starting rate: 7.25% p.a. (Range: 7.25% – 7.75% p.a.).
AU Bank RD Calculator
Interactive calculation engine using official AU Small Finance Bank rates
Senior Citizen Benefit
AU Small Finance Bank offers 7.75% p.a. (+0.50% extra) for age 60+
RD Accumulation Schedule
| Year | Deposited To Date | Cumulative Interest | Closing Balance |
|---|---|---|---|
| Year 1 | ₹1,20,000 | ₹4,789 | ₹1,24,789 |
| Year 2 | ₹2,40,000 | ₹18,874 | ₹2,58,874 |
| Year 3 | ₹3,60,000 | ₹42,948 | ₹4,02,948 |
Rate Verification & Official Notice
7.25% p.a.
7.25% – 7.75% p.a.
fixed RateRBI Repo Linked / Card Rate
Senior Citizens: up to 7.75% p.a.Applicable Conditions & Eligibility Factors:
- Quarterly compounding on monthly instalments
- Minimum booking starting from ₹100
Source: AU Bank Recurring Deposit Guidelines
Rates subject to borrower risk-grade & RBI regulatory changes.How It Works
- 1Set a fixed monthly deposit quantum (minimum ₹100 up to ₹2,00,000 per month).
- 2Choose a tenure between 6 months and 120 months in multiples of 3 months.
- 3Automate instalments via standing instruction linked to your AU Savings Account.
Key Factors Influencing Your Rate
- •Senior citizen 0.50% interest markup
- •Standing instruction auto-debit failure penalty rules
- •TDS applicability on aggregate annual deposit interest exceeding ₹40,000 (₹50,000 for seniors)
Worked Numerical Example: AU Bank RD Calculator
Depositing ₹10,000 monthly for 3 years (36 instalments) at 7.25% p.a. quarterly compounding yields ₹4,02,948 at maturity on total deposits of ₹3,60,000, earning ₹42,948 in interest.
Frequently Asked Questions: AU Bank RD Calculator
- What is the minimum RD deposit amount?
- ₹100 per month.
- How is interest compounded?
- Quarterly compounding per IBA standards.