Finance

RD Calculator

Estimate maturity value and interest earned on a Recurring Deposit with monthly contributions.

By CalculatorDesk
₹
₹ 100₹ 1,00,000
%
1%12%
mo
6 mo120 mo

Maturity value

₹3,54,954

Invested
₹3,00,000
Interest earned
₹54,954

What is RD?

A Recurring Deposit (RD) is a fixed-tenure scheme where you deposit a set amount each month and earn quarterly compounding interest. Each monthly deposit earns interest for the remaining tenure.

Formula

Each monthly instalment is compounded for the time remaining until maturity, then summed:

M = Σ P × (1 + r/4)^(q)

P = monthly deposit
r = annual interest rate (decimal)
q = (months remaining to maturity) / 3
sum over all months

How to use this calculator

Enter your monthly deposit, the bank's RD interest rate, and the tenure in months (typical RDs run 6 months to 10 years). Maturity and interest earned update instantly.

Frequently asked questions

Current FD rates (2026)

SBI 1-yr FD6.80%
HDFC 1-yr FD6.60%
Post Office 1-yr TD6.90%
Senior Citizen (add)+0.50%

Indicative rates compiled from public bank websites, RBI, and the Ministry of Finance for reference only. Actual rates depend on credit profile, tenure and product variant — confirm with the lender before applying.

Popular calculations

Ready-made scenarios for the amounts and rates people search most.

RD Calculator — ₹5,000 per Month
A ₹5,000/month Recurring Deposit at 6.5% for 5 years grows to ₹3.55 L. See interest earned. Free, instant.
RD Calculator — ₹1000 per Month
A ₹1000/month Recurring Deposit at 6.5% for 5 years builds a maturity corpus you can see instantly. Free, in INR.
RD Calculator — ₹2000 per Month
A ₹2000/month Recurring Deposit at 6.5% for 5 years builds a maturity corpus you can see instantly. Free, in INR.
RD Calculator — ₹3000 per Month
A ₹3000/month Recurring Deposit at 6.5% for 5 years builds a maturity corpus you can see instantly. Free, in INR.
RD Calculator — ₹10000 per Month
A ₹10000/month Recurring Deposit at 6.5% for 5 years builds a maturity corpus you can see instantly. Free, in INR.
RD Calculator — ₹25000 per Month
A ₹25000/month Recurring Deposit at 6.5% for 5 years builds a maturity corpus you can see instantly. Free, in INR.

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