RD Calculator
Estimate your recurring deposit's maturity value.
Deposit details
Maturity Value
₹0
Total Deposited₹0
Interest Earned₹0
Maturity Value₹0
What is an RD?
A Recurring Deposit (RD) lets you deposit a fixed amount every month for a fixed tenure, earning compound interest similar to an FD. Each monthly deposit earns interest for a different length of time — the first deposit earns interest for the full tenure, the last deposit for just one compounding period.
How it's calculated
This calculator compounds each monthly deposit quarterly (the most common convention for Indian bank RDs) from its deposit date through to maturity, then sums all deposits plus interest — the same method your bank uses internally, rather than a rougher approximation formula.