Finance · Investment
RD Calculator
Estimate recurring deposit maturity from monthly deposits and interest rate — live as you move the sliders.
Your RD plan
500 – 5 Lakh
1 – 30 years
Maturity value
—
Growth over time
Deposited vs interest by year
How this calculator works
Recurring deposits suit people who want FD-like certainty with monthly savings discipline. This RD calculator models monthly deposits growing at a given annual rate (monthly compounding approximation via FV).
- Enter monthly RD amount (₹500 – ₹5 Lakh).
- Enter annual interest rate.
- Enter tenure in whole years (1–30).
- Read maturity, interest, and growth over time — results update live.
Formula
maturity ≈ FV(rate/12, years×12, −monthly)
Examples
More about this calculator
Practical use cases
Bank RD planning alongside emergency-fund building.
Common mistakes
Bank RD interest formulae can differ slightly from FV; treat this as a close estimate.
Tips
Compare RD maturity with a short-tenure SIP in a debt fund — returns differ in risk and tax.
Important notes
Illustrative estimate. Your bank’s RD product formula and payout schedule may differ slightly.
FAQs
Banks publish product-specific formulae. This FV model is a practical estimate for planning.
Usually with a penalty or reduced rate. Check your bank’s RD terms before relying on early exit.
Whole-year tenure (1–30) keeps the slider smooth end-to-end, matching other Finance tools on this site.