RD Calculator

Estimate recurring deposit maturity from monthly deposit, rate and tenure in months.

—Total deposited
—Interest earned
—Maturity value

Indian bank RDs are typically compounded quarterly. This uses the standard quarterly-compounding RD formula; your bank's exact figure may differ slightly by a few rupees due to rounding conventions.

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How to use RD Calculator

Three quick steps — no sign-up needed

  1. Step 1

    Enter monthly deposit

    Set how much you will save each month (₹).

  2. Step 2

    Add rate and tenure months

    Enter interest rate (% p.a.) and tenure in months.

  3. Step 3

    Read maturity estimate

    See projected value at the end of the RD term.

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About RD Calculator

RD Calculator estimates recurring deposit maturity from monthly deposit amount, annual interest rate, and tenure in months. Savers searching "RD calculator", "recurring deposit maturity", or "bank RD interest" need a clear target value for monthly savings plans.

Enter monthly deposit (₹), rate (% p.a.), and tenure (months). Bank compounding conventions for RDs can differ slightly from a simplified model.

Premature closure penalties and TDS may apply. Confirm with your bank's RD sheet. Educational estimate - not a bank contract.

Benefits of RD Calculator

Monthly savings focus Built for RD-style contributions.
Tenure in months Match common RD terms.
Maturity projection See the goal amount pathway.
Rate comparison Test competing bank RD offers.

Frequently asked questions

RD vs SIP?

RD is typically a bank deposit product; SIP usually refers to mutual fund investments.

What if I miss a deposit?

Bank rules on missed instalments vary - check the account terms.

Is interest taxable?

Interest on RDs is generally taxable as per prevailing rules.

Can I change the monthly amount later?

Depends on the bank product - many RDs are fixed at opening.

Is this guaranteed by the tool?

No - it projects from the rate you enter.