RD Calculator
Estimate returns on your Recurring Deposits (RD) with regular monthly deposits. Optimize interest growth.
Calculate maturity value of regular monthly deposits into an RD offline
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Year-by-Year Growth Table
| Year | Invested Principal | Interest Earned | Maturity Balance |
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How to use this tool
What is a Recurring Deposit?
A Recurring Deposit (RD) is a savings service offered by banks that allows you to deposit a fixed amount monthly over a chosen period and earn fixed returns. It is ideal for individuals with regular income who prefer guaranteed growth.
How to Compute RD Growth
Define your periodic deposit parameters to forecast interest returns.
Monthly Deposit
Enter the regular amount you wish to save every month.
Rate of Interest
Specify the annual interest rate guaranteed by the bank for the RD tenure.
Tenure
Choose the duration in months or years. Interest is generally compounded quarterly.
The RD Formula
Since deposits occur monthly but compound quarterly, each installment earns compound interest for its specific timeline:
A = ∑ P × (1 + r/4)4 × (t - k + 1)/12
Frequently Asked Questions
Details about recurring savings options.
How is RD different from SIP?
An RD is offered by banks, providing guaranteed interest rates and zero risk to principal. An SIP is an investment method for mutual funds, carrying market risks but offering potentially higher equity returns.
What happens if I miss a monthly RD payment?
Most banks charge a small penalty if you miss a monthly installment, and consistently missing deposits might lead to the premature closure of the RD account.
Privacy & Safety Policy
All tools run completely in your browser via client-side JavaScript. We do not upload your files, interest parameters, or JSON payloads to any server. Your data remains yours.