RD Calculator

Calculate the maturity value of your Recurring Deposits with quarterly compounding. Secure, risk-free returns for your monthly savings.

RD Details

Min ₹500

₹5,000

₹500₹1L
1% - 15%
1%15%
1 - 10 Years
1Y10Y

Maturity Amount

₹3.60 L

Maturity Date: 11 Dec 2030

Total Limit Invested₹3.00 L
Total Interest₹59,664

Growth Chart

Note: Interest is compounded quarterly as per standard Indian Recurring Deposit rules. Returns shown are indicative.

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About Recurring Deposits (RD)

A Recurring Deposit (RD) is a special kind of Term Deposit offered by banks which helps people with regular incomes to deposit a fixed amount every month into their Recurring Deposit account and earn interest at the rate applicable to Fixed Deposits.

How is RD Interest Calculated?

In India, RD interest is usually compounded quarterly. The formula used for calculation is:

A = P * (1 + R/400)^(N)

Where:
A = Maturity Amount
P = Monthly Installment
R = Annual Interest Rate
N = Number of Quarters (calculated individually for each installment)