Estimate recurring deposit maturity from monthly contribution, tenure, and rate. Understand principal vs interest through chart-led results.
RD Calculator – Recurring Deposit Maturity & Interest
Use this recurring deposit calculator to estimate maturity amount and interest earned. Enter your monthly contribution, interest rate and tenure. Most Indian banks use quarterly compounding for RDs.
Calculate RD Returns
How RD interest is calculated
Each monthly installment is compounded for the remaining tenure. The rate per period is (annual rate / compounding frequency). For quarterly compounding, each installment grows for the number of quarters left until maturity.
Example calculation
If you invest ₹5,000 per month at 6.5% per annum for 5 years (quarterly compounding):
Total invested = ₹3,00,000. Maturity is the sum of future values of all 60 installments, typically around ₹3,51,000–3,55,000 depending on exact compounding.
FAQs
Key Terms
- Maturity amount
- Final value received at deposit end: principal plus accumulated interest.
- Compounding
- Interest earned on both principal and previously earned interest.
- Annualized rate
- Interest rate quoted for one year; converted internally for period-wise calculations.
Benefits of This Calculator
- Quickly compare tenure and rate combinations before locking deposits.
- Understand maturity, principal, and interest split through chart-style outputs.
- Use formula and FAQ context to validate bank app numbers confidently.