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/n)^(n×t) - 1 ] / [ 1 - (1 + r/n)^(-1/3) ]
Where:
P = Monthly Deposit
r = Annual Interest Rate
n = 4 (Quarterly compounding)
t = Tenure in years
Use our other tools like FD, EMI, SIP, and Income Tax calculators to manage your financial journey smartly.
View All Calculators