RD Calculator

Calculate Recurring Deposit maturity amount and interest.

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Features

Disciplined Savings Planning

Plan your financial goals by calculating returns on regular monthly investments.

Advanced Compounding

Support for Monthly, Quarterly, and Annual compounding frequencies to match various bank standards.

Comprehensive Breakdown

View detailed metrics including Total Investment, Interest Earned, and Maturity Value.

Real-Time Accuracy

Instant, precise calculations with smart validation to ensure error-free financial planning.

About RD Calculator

A Recurring Deposit (RD) is a disciplined way to save money each month and earn interest at rates comparable to Fixed Deposits. Our RD Calculator helps you precisely estimate your maturity amount by factoring in your monthly contribution, interest rate, and tenure. Unlike simple savings, RDs benefit from compounding, and this tool supports various compounding frequencies (Monthly, Quarterly, Annually) to give you the most accurate projection of your savings growth. Whether you are saving for a short-term goal or building a corpus over years, this calculator provides a clear picture of your financial trajectory.

How to Use RD Calculator

  • 1
    Enter Monthly Deposit

    Input the amount you plan to deposit monthly.

  • 2
    Set Interest Rate

    Enter the annual interest rate.

  • 3
    Select Tenure

    Choose the deposit period in months.

  • 4
    View Results

    Get the maturity amount and total interest earned.

Frequently Asked Questions

RD interest is typically calculated on a monthly compounding basis, though many banks provide the final maturity value based on quarterly compounding standards.
If you miss an installment, banks usually charge a small penalty. If multiple installments are missed, the account might be closed or converted.
RD is better for building savings from monthly income, while FD is better for investing a one-time lump sum corpus.
Most banks allow Recurring Deposits starting from 6 months up to a maximum of 10 years.
Generally, the monthly installment amount is fixed at the time of opening and cannot be changed during the tenure.
Yes, the rate is fixed at the start of the deposit and remains the same for the entire period.