RD Calculator
Calculate Recurring Deposit
Returns & Maturity Amount

Made for India
Compound Interest
Growth Tracking

💰 Calculate your recurring deposit returns with India's most accurate RD calculator

Why This Calculator is Different

Advanced RD planning features

Unlike basic RD calculators, our tool provides comprehensive analysis with compound interest calculations, detailed growth tracking, and precise maturity amount projections.

Compound Interest
Growth Tracking
Visual Charts
Maturity Planning

RD Calculator

Calculate your recurring deposit returns

Monthly Deposit5,000
Interest Rate (% p.a.)6.5%
Tenure5 years
Maturity Amount
3,55,284

Total amount at maturity

Total Deposits
3,00,000

Amount you will invest

Interest Earned
55,284

Compound interest gains

Effective Annual Rate
3.44%

Actual annual return

Growth Over Time

Track your RD investment growth month by month

Investment Breakdown Table

Detailed month-wise and year-wise analysis

YearDeposits (₹)Interest (₹)Balance (₹)
Year 160,0001,82061,820
Year 21,20,0007,7811,27,781
Year 31,80,00018,1581,98,158
Year 42,40,00033,2502,73,250
Year 53,00,00053,3703,53,370

General Disclaimer

This tool is for informational purposes only and does not constitute financial advice. All calculations are estimates based on the inputs provided and may not reflect actual results.

Financial markets and interest rates are subject to change, and actual returns or costs may vary significantly from the calculated estimates.

Please consult with qualified financial professionals before making any financial decisions.

About Recurring Deposits

Fixed monthly deposits with guaranteed returns
Compound interest calculated quarterly
Tenure ranges from 6 months to 10 years
Higher interest rates than savings accounts

Important: Interest rates typically range from 5.5% to 7.5% p.a. depending on the bank and tenure.

Real-World Example

Scenario: ₹5,000 monthly for 5 years at 6.5% p.a.
Maturity Amount
3,55,284
Total Deposits
3,00,000
Interest Earned
55,284
Effective Rate
3.44%
Disciplined saving habit formation
Better returns than savings account
Capital protection with guaranteed returns

RD Planning Guide

Smart Strategies

Start with smaller amounts and increase gradually
Choose tenure based on your financial goals
Compare interest rates across banks

Important Considerations

Penalty for missed deposits
Premature withdrawal charges apply
Interest rates may vary with market conditions

Frequently Asked Questions

Get answers to common RD queries

What is a Recurring Deposit (RD)?

A Recurring Deposit is a savings scheme where you deposit a fixed amount every month for a predetermined period. It combines the benefits of regular savings with the higher interest rates of fixed deposits.

How is RD interest calculated?

RD interest is calculated using compound interest, typically compounded quarterly. The formula considers the monthly deposits and the compounding frequency to determine the maturity amount.

Can I withdraw my RD before maturity?

Yes, but premature withdrawal usually attracts a penalty of 1-2% on the interest earned. Some banks allow partial withdrawal after a certain period.

What happens if I miss an RD installment?

Missing installments usually attracts a penalty. However, you can make up for missed payments. If too many installments are missed, the account may be closed.

What is Effective Annual Rate?

Effective Annual Rate (EAR) is the annual interest rate that takes into account the compounding effect of monthly or quarterly payments. It is used to compare the profitability of different investment options.

What is the RD Calculator In-Depth Guide?

In-Depth RD Guide

Master recurring deposit planning with expert insights

Explore comprehensive information about recurring deposits, calculation methods, benefits, and strategic planning to maximize your systematic savings potential.

Understanding Recurring Deposits (RD)

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RD Calculation Formula & Method

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RD vs Other Investment Options

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Tax Implications of RD

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RD Investment Strategies

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