💵 Savings Tool

RD Calculator

Find the maturity value of your monthly recurring deposit and see how much interest you'll earn.

%
yrs
Maturity Value
₹3,60,053
🟦 Deposited🟩 Interest
Total Deposited₹3,00,000
Est. Interest₹60,053
Maturity Value₹3,60,053

How recurring deposits work

An RD is perfect for disciplined monthly saving. You commit a fixed amount each month, and every instalment earns compound interest until maturity — turning a small habit into a meaningful corpus.

What is a Recurring Deposit?

An RD lets you deposit a fixed amount every month for a set period, earning interest like a fixed deposit. It's great for building a savings habit.

How is RD maturity calculated?

Each monthly deposit earns compound interest for its remaining tenure. This calculator estimates the total using monthly compounding on every instalment.

RD vs FD — which is better?

FD suits a lump sum you already have; RD suits saving a fixed amount monthly. Both are low-risk; choose based on your cash flow.

Estimates for educational purposes only. Actual bank rates and compounding may vary. Not financial advice.