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RD Calculator

Calculate maturity amount for Recurring Deposits

Calculator
%
Yr
Total Value354,954
Invested
300,000
Est. Returns
54,954
Total Value354,954
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RD Calculator

A Recurring Deposit (RD) is a special kind of term deposit that allows you to save a fixed amount every month and earn interest rates similar to Fixed Deposits.

How is RD Maturity Calculated?

The interest on RD is compounded quarterly in most banks. Our calculator sums up the compound interest earned on every single monthly deposit for the tenure it remains with the bank to give you an accurate maturity value.