A recurring deposit (RD) is ideal for conservative investors seeking fixed returns. When comparing a monthly investment of Rs 10,000 in a Post Office RD and a State Bank of India (SBI) RD over five years, the Post Office RD offers a higher maturity amount. With an interest rate of 6.7% per annum, the Post Office RD will yield a maturity amount of Rs 7,13,659, while the SBI RD, with an interest rate of 6.05%, will yield Rs 7,01,557. This results in an additional earning of approximately Rs 12,244 for investors choosing the Post Office option. Both accounts require a minimum monthly deposit of Rs 100, and while the Post Office RD can be closed after three years, doing so before the five-year term results in lower interest. SBI imposes penalties for missed payments, which can affect the maturity amount.