This online RD Calculator helps you to estimate the maturity value and interest earned on your recurring deposits. Easily calculate your returns with just a few clicks! This calculator is also known as: recurring deposit calculator, calculate RD, RD maturity, RD interest, recurring deposit interest, investment calculator, monthly savings etc.
RD Calculator
How to Use the RD Calculator:
- Monthly Investment (₹): Enter the amount you plan to invest each month.
- Rate of Interest (%): Enter the annual interest rate offered on the RD.
- Time Period (Years): Enter the duration of your RD in years.
- Click Calculate: Click the “Calculate” button to instantly see your estimated maturity value, invested amount, and total interest earned.
Understanding the Results:
- Maturity Value (₹): This is the total amount you will receive at the end of the RD period.
- Invested Amount (₹): This is the total amount you will invest over the RD period.
- Total Interest Earned (₹): This is the total amount of interest you will earn on your RD.
Disclaimer:
- Interest Rates: RD interest rates can vary depending on the bank or financial institution and are subject to change. Always check with your bank for the latest rates.
- Tax Implications: Interest earned on RDs may be taxable. Consult with a financial advisor for tax-related advice.
- This RD calculator is for informational purposes only and should not be considered financial advice.
