Calculate the maturity amount of your recurring deposit and plan your savings goals effectively.
Use our free RD calculator to estimate how much your monthly deposits will grow over a fixed term with a fixed interest rate. Perfect for financial planning, goal-based saving, and smart budgeting.
Our RD calculator gives you an accurate projection instantly, with support for multiple currencies and a detailed growth schedule.
Recurring Deposits are fixed monthly savings offered by banks with guaranteed interest. You deposit a fixed amount every month for a set period, and earn compounded interest.
Maturity Amount = P × [ (1 + r/400) × ((1 + r/400)^n - 1) ] / (1 - (1 + r/400)^(-1))
Where:
P = Monthly Deposit
r = Annual Interest Rate
n = Tenure in months
Use our other tools like FD, EMI, SIP, and Income Tax calculators to manage your financial journey smartly.
View All Calculators