Recurring Deposit Calculator

Estimate the maturity amount and interest earned on a Recurring Deposit based on your monthly deposit, interest rate and deposit period.

Enter RD Details

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Your RD Estimate

Estimated Maturity Amount ₹0
Total Amount Deposited ₹0
Total Interest Earned ₹0
Monthly Instalments 0
Deposit Period 0 months
Deposits vs Interest Earned
Deposits: 0%
Interest: 0%
Calculation assumption: Each monthly instalment is treated separately and earns interest for its remaining period. The estimate uses an indicative quarterly-compounding approach.

Year-wise RD Growth

See approximately how your total deposits and accumulated interest grow during the RD period.

Period Deposited During Period Total Deposits Interest Earned Estimated Value

How Does a Recurring Deposit Work?

A Recurring Deposit allows you to invest a fixed amount every month for a chosen period. Unlike a Fixed Deposit, the entire amount is not invested on the first day.

Each monthly instalment therefore earns interest for a different period. Earlier instalments remain invested for longer and generally earn more interest than instalments deposited near the end of the RD.

Example: If you deposit ₹10,000 every month for 3 years, you make 36 monthly instalments and contribute a total of ₹3,60,000.

Interest is earned in addition to those deposits, producing the maturity amount.

Why Can the Bank’s Maturity Amount Differ?

Banks may use their prescribed RD calculation methodology, including rules relating to quarterly compounding, instalment dates, incomplete quarters, rounding and the exact deposit product.

Delayed or missed instalments can also affect the actual amount payable at maturity where the bank’s RD terms provide for penalties or other adjustments.

Important: This calculator provides an indicative estimate only. Actual maturity proceeds may differ according to the bank’s RD calculation method, instalment dates, compounding rules, rounding, delayed instalments and product-specific terms.

The figures shown are before applicable tax or TDS. Premature closure and delayed-instalment penalties are not included.
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