RD calculator

Plan a recurring deposit: enter your monthly instalment, rate and months to see the maturity amount. Free, private (runs in your browser) — no sign-up.

Monthly deposit

Interest rate

%/yr

Tenure

months

Currency

Maturity value

₹1,28,829

You deposit

₹1,20,000

Interest earned

₹8,829

Calculated the way Indian banks do: each instalment earns quarterly-compounded interest for the months it stays deposited.

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How do banks calculate RD maturity?

Each monthly instalment earns interest compounded quarterly for the time it stays deposited; the maturity value is the sum of all instalments with their interest.

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