RD Calculator
Recurring deposit maturity amount and interest earned.
Enter your details
How it is calculated
P × (1 + r ÷ n)n × (N − k + 1) ÷ 12
Maturity = sum over all instalments; n = 4 for quarterly compounding (the Indian bank convention).
Worked example
₹5,000 a month for 60 months at 6.5% with quarterly compounding: total deposits ₹3,00,000, maturity ≈ ₹3,56,000 (interest ≈ ₹56,000).
About the RD Calculator
Recurring deposit maturity amount and interest earned. This free investment & retirement tool runs entirely in your browser: nothing you type is sent to a server, and you can save, print or download the result.
What you need to enter
You will be asked for monthly deposit, interest rate (p.a.), tenure (months), interest compounding. Fields marked * are required. Every field shows a hint and the allowed range.
How to use it
- Fill in the inputs (sample values are pre-filled so you can see how it works).
- Press Calculate to see the result, breakdown and chart.
- Use Print, Download PDF or Share to keep the result, or come back to it from your saved history.
Who it helps
Salaried individuals, business owners, investors and professionals who want a quick, transparent estimate before they file, invest or plan. If your case has special facts, our team can review it - ask for a consultation.
Results are estimates based on the rules and rates described under "How it is calculated". Laws change and individual facts differ, so confirm with official sources or a qualified professional before acting. This is not tax, legal or investment advice.
Frequently asked questions
What happens if I miss an RD instalment?
Banks charge a small penalty for each delayed instalment, and post offices may allow limited default periods. Check your bank's rules; this calculator assumes every instalment is paid on time.
RD or SIP?
An RD gives fixed, known returns for a fixed rate and tenure; a mutual fund SIP has market risk and can give higher or lower returns. They serve different goals.
Need help beyond the calculator?
Talk to our tax and compliance team for advice based on your documents.