RD Calculator
Calculate Recurring Deposit maturity amount. Plan your monthly savings with estimated returns.
Processed on your device — never uploaded
Maturity Amount
₹1,29,099
Total Deposits
₹1,20,000
Interest Earned
₹9,099
Deposits vs Interest
93%
Deposits Interest
Monthly Deposit
₹5,000 x 24 months
Growth Over Time
| Month | Total Deposited | Accumulated Value | Interest Earned |
|---|---|---|---|
| 3 | ₹15,000 | ₹15,175 | ₹175 |
| 6 | ₹30,000 | ₹30,615 | ₹615 |
| 9 | ₹45,000 | ₹46,325 | ₹1,325 |
| 12 | ₹60,000 | ₹62,311 | ₹2,311 |
| 15 | ₹75,000 | ₹78,576 | ₹3,576 |
| 18 | ₹90,000 | ₹95,125 | ₹5,125 |
| 21 | ₹1,05,000 | ₹1,11,965 | ₹6,965 |
| 24 | ₹1,20,000 | ₹1,29,099 | ₹9,099 |
Frequently Asked Questions
What is a Recurring Deposit (RD)?
A Recurring Deposit is a savings scheme where you deposit a fixed amount every month for a set period and earn compound interest, similar to an FD but with monthly installments.
How is RD maturity amount calculated?
Each monthly installment earns compound interest (typically quarterly compounding) for its remaining tenure. The maturity amount is the sum of all installments plus their accumulated interest.
What is the minimum tenure for an RD?
Most banks offer RD tenures starting from 6 months and going up to 10 years. The most common tenure options are 6 months, 1 year, 2 years, 3 years, and 5 years.
Is RD better than SIP for savings?
RD offers guaranteed fixed returns with zero risk, while SIP invests in mutual funds with potentially higher but market-linked returns. RD is better for capital preservation, SIP for wealth creation.