RD Calculator
Calculate the maturity value of a recurring deposit, compounded quarterly the way Indian banks do it. Move the sliders to update the result instantly.
RD rates vary by bank and tenure — enter your bank's actual rate for an exact figure.
Total deposits
₹60,000
Interest earned
₹2,143
Maturity value
₹62,143
- Total deposits₹60,000
- Interest earned₹2,143
12 monthly deposits of ₹5,000, with interest compounded quarterly — the convention Indian banks and India Post use for RDs.
Frequently asked questions
How is RD different from FD?
An FD is a one-time lumpsum deposit, while an RD lets you deposit a fixed amount every month, making it suited to building savings gradually rather than investing a large sum at once.
How is RD interest calculated?
RD interest is compounded quarterly, similar to an FD, but because each month’s deposit is invested for a different length of time, the calculation accounts for each instalment separately.
These figures are estimates shown before tax, and are for information only — not investment or financial advice. Actual amounts depend on your bank’s or provider’s exact terms.