RD Calculator
Calculate recurring deposit maturity amount, total monthly deposits, interest earned, and maturity date in seconds.
Enter RD Details
Result
Enter details and calculate.
Maturity Amount
-- Maturity date will appear hereCalculation Summary
- Interest Rate
- --
- Compounding
- --
- Installments
- --
- Start Date
- --
- Maturity Date
- --
RD Growth Schedule
Month-wise recurring deposit schedule showing deposit added, interest credited, and estimated closing balance.
| Month | Deposit Added | Interest Credited | Closing Balance |
|---|---|---|---|
| Enter valid RD details to see the growth schedule. | |||
About RD Calculator India
RD Calculator is a free online recurring deposit calculator for India that helps estimate how monthly savings may grow over time. Enter monthly deposit amount, annual interest rate, tenure, start date, and compounding frequency to see maturity amount, total deposits, interest earned, and maturity date.
Built for recurring monthly deposits.
Use years and months.
No financial data is stored.
Works on mobile and desktop.
How to Use RD Calculator?
Add the monthly RD amount.
Enter annual RD interest rate.
Choose years and months.
Check maturity value and interest.
RD Formula
Recurring deposit maturity is influenced by monthly deposit amount, interest rate, tenure, and the bank's compounding practice. This calculator estimates RD growth month by month and credits interest based on the selected compounding frequency.
The estimate is useful for planning monthly savings, but the final bank value may differ because of actual deposit dates, premature closure rules, TDS, tax, and rounding.
Popular Uses
Estimate disciplined saving growth.
Find when your RD may mature.
Compare total interest earned.
Include an extra rate benefit.
RD vs FD
A recurring deposit is useful when you want to save a fixed amount every month. A fixed deposit is useful when you already have a lump sum to invest. RD helps build savings discipline, while FD usually starts earning on the full principal from day one.
Use this RD maturity calculator for monthly saving plans, and use the FD calculator when you want to estimate maturity for a one-time deposit.
More Related Calculators
Why Use GanakMitra RD Calculator?
Use this calculator for quick recurring deposit planning, comparing monthly deposit options, estimating senior citizen RD benefit, and understanding how regular deposits can grow over time.
RD maturity amountMonthly depositsInterest earnedQuarterly compoundingBefore tax/TDS estimate
RD Calculator FAQ
What is an RD Calculator?
An RD Calculator estimates recurring deposit maturity amount, total deposits, and interest earned using monthly deposit amount, interest rate, tenure, and compounding frequency.
How is RD maturity amount calculated?
It is estimated by adding monthly deposits and crediting interest based on the selected compounding frequency. Actual bank maturity can vary because of deposit dates, rounding, TDS, and scheme rules.
Is RD better than FD?
RD is useful when you want to save monthly. FD is useful when you have a lump sum. The better choice depends on your cash flow, interest rate, tenure, and liquidity needs.
Can I calculate RD for 1 year, 2 years, or 5 years?
Yes. You can use preset buttons or enter a custom tenure in years and months.
Does this calculator include tax or TDS?
No. It gives an indicative before-tax estimate. Actual payout may differ due to TDS, tax rules, bank rounding, premature withdrawal, and bank-specific practices.
Can senior citizens use this RD calculator?
Yes. Turn on the senior citizen benefit and enter the extra interest rate offered by your bank. The calculator will include it in the applied RD rate.