Calculate the maturity value of a Recurring Deposit (RD) from your fixed monthly deposit, annual interest rate, and tenure.
How to Use the RD Calculator
Enter the "Monthly Deposit (₹)" you plan to deposit every month.
Enter the "Annual Interest Rate (%)" offered on the recurring deposit.
Enter the "Tenure (months)" of the RD.
Click "Calculate" to see your total deposits, interest earned, and maturity value.
Frequently Asked Questions
This calculator compounds each monthly deposit at the monthly interest rate (annual rate ÷ 12 ÷ 100), similar to a SIP. Most banks compound RD interest quarterly instead of monthly, so your bank's actual maturity value may differ slightly from this illustrative estimate.
Yes, banks typically lock in the interest rate at the time you open the RD account, so the rate you enter should stay constant for the entire tenure.
Most banks charge a small penalty for missed RD installments, which isn't factored into this calculator. This tool assumes every monthly deposit is made on time.
Yes, it's completely free and requires no sign-up.