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.







How to Use the RD Calculator:

1. Monthly Investment (₹): Enter the amount you plan to invest each month.
2. Rate of Interest (%): Enter the annual interest rate offered on the RD.
3. Time Period (Years): Enter the duration of your RD in years.
4. 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.

 

 

Recurring Deposit (RD) Calculator – Grow Your Savings with Ease

A Recurring Deposit (RD) is similar to a fixed deposit, except that instead of investing a lump sum, you deposit a fixed amount every month. RDs encourage regular saving, build financial discipline, and are offered by most banks and financial institutions.

While RDs are simple to start, calculating returns can be tricky due to quarterly compounding and multiple variables. That’s where an RD calculator becomes extremely useful.

 

How an RD Calculator Helps

Since an RD is a long-term, ongoing investment, tracking returns manually can be confusing and time-consuming. An RD calculator:

• Instantly calculates your maturity amount
• Eliminates complex manual calculations
• Helps you plan future finances with clarity
• Saves time and effort
• Provides accurate and reliable estimates

Note: As per RBI norms, RDs are subject to TDS. Since TDS rules vary across banks, most RD calculators do not factor it in.

 

RD Maturity Formula

RD calculators use a standard formula to compute returns:

A = P × (1 + R/N)^(N×t)

Where:

• P = Monthly deposit amount
• R = Annual interest rate
• N = Number of compounding periods per year
• t = Investment tenure (in years)

Manually solving this formula for every monthly deposit is complex. An RD calculator does this in seconds and gives you the exact maturity value.

 

Why Use an RD Maturity Calculator?

• Fast and easy to use
• 100% accurate when inputs are correct
• Completely free and reusable
• Helps compare RD returns with other investment options

 

Conclusion

Recurring Deposits are a safe and stable investment option for disciplined savers. With an RD calculator, you can estimate returns instantly, plan better, and make informed financial decisions—without the math headache.