Recurring Deposit Architect

Model monthly installment capitalization, quarterly interest reinvestment cycles, statutory TDS thresholds, and net purchasing power with deterministic mathematical precision.

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Parameter Configuration Desk

Monthly Installment (R)help

₹

Presets:

Annual Interest Rate (% p.a.)help

query_statsTop 5 Bank Standard Median: 7.00%Range: 0.0% - 9.5%

Depositor Category

Tenure Horizon (Maturity Term)0 Installments (0.0 Yrs)

Tenure Years

Additional Months

Compounding & Reinvestment

Marginal Tax Slab (Sec 194A)Form 15G/H Eligible if 0%

Guaranteed Maturity Locked

Horizon: 0.0Y (0 Monthly Deposits)

Total Projected Maturity Corpus

₹0@ 0.00% Qtrly

trending_up+0.00% Guaranteed Yield â€¢ 0.00x Corpus Multiplier

Principal Invested

₹0

0.0% of gross value

Interest Accrued

+₹0

0.0% compounding gain

Linear Outlay Exponential Maturity

M1 â”€â”€â”€ M60

Effective APY0.00%Quarterly Reinv.

Real Purchasing₹0CPI 5.5% Deflated

Net Post-Tax₹0@ 30% Bracket

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Statutory & Actuarial Intelligence Enclaves

functions

Monthly Installment Compounding

Standard commercial bank recurring deposits in India do not use simple flat compounding. Instead, interest is calculated on monthly balances and reinvested on a quarterly compounding frequency conforming to Indian Banks' Association (IBA) actuarial tables.

M = R Ã— [(1+i)ⁿ - 1] / [1 - (1+i)^-1/3]

Where i = r/400, R = Monthly Deposit, n = Total Quarters.

account_balance

Section 194A TDS Protocol

Under Section 194A of the Income Tax Act, TDS @ 10% is deducted if the total interest accrued on term and recurring deposits across branches exceeds â‚¹40,000 annually (â‚¹50,000 for Senior Citizens). If PAN is unlinked, TDS defaults to 20%.

Threshold (Gen / Sr):â‚¹40,000 / â‚¹50,000

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DICGC Sovereign Safety

Deposits held in all commercial, scheduled, and small finance banks are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC, 100% RBI subsidiary) up to a cumulative ceiling of â‚¹5,00,000 per depositor.

verified100% RBI Guarantee up to â‚¹5,00,000

Deterministic Capital Accumulation & Interest Ledger

Simulated under commercial bank quarterly compounding reinvestment cycle

Period Horizon	Monthly Installment	Cumulative Outlay	Interest Accrued	Closing Balance	Multiplier
Configure parameters to see the ledger.