RD Calculator
Estimate the maturity value of a recurring deposit based on your monthly instalment, interest rate and tenure.
How to use RD Calculator
- 1Enter your monthly deposit amount.
- 2Enter the annual interest rate and tenure in months.
- 3View the maturity value, total deposited and interest earned.
About RD Calculator
A Recurring Deposit (RD) lets you invest a fixed amount every month at a guaranteed interest rate. This calculator estimates the maturity value based on your monthly deposit, rate and tenure, using quarterly compounding as most banks apply.
Benefits
- • Plan disciplined monthly savings with a predictable, guaranteed return.
- • Compare RD maturity value against SIP projections for a safer benchmark.
Common mistakes
- • Comparing RD returns directly with SIP/mutual fund returns without accounting for the very different risk profiles.
Frequently Asked Questions
Yes, RDs offered by banks carry a fixed, guaranteed interest rate for the full tenure, similar to fixed deposits.
Related tools
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SIP Calculator
Estimate the future value of your monthly SIP mutual fund investment.
Compound Interest Calculator
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EMI Calculator
Calculate your monthly loan EMI, total interest and payment breakdown.
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