RD Calculator
Free RD calculator: enter your monthly deposit, interest rate and tenure to get the recurring deposit maturity amount, interest earned and a yearly schedule.
RD Calculator — Calculate Recurring Deposit Maturity Amount
Recurring Deposits are perfect for salaried professionals who want to build a corpus through small monthly contributions. Banks and post offices let you start an RD with a small monthly amount, and interest is usually compounded quarterly. Our RD Calculator works out the maturity amount from your monthly deposit, rate, and tenure.
Enter the monthly deposit, interest rate, and tenure. Get the total invested, interest earned, and maturity value. It works for any RD that compounds interest quarterly — enter the rate your bank or post office quotes. No signup, no cost.
How to Calculate RD Maturity
1. Monthly Deposit
Enter the amount you'll deposit every month — ₹500, ₹2,000, ₹10,000, or any amount.
2. Interest Rate
Enter the rate offered by your bank. If you are a senior citizen, use the senior-citizen rate your bank quotes.
3. Set Tenure
Enter the tenure in years — one year or more, and part-years such as 1.5 work too. Longer tenure means more interest earned.
4. View Maturity
See total invested, interest earned, and the final maturity amount you'll receive.
RD Calculator Features
Quarterly Compounding
Each monthly deposit earns interest compounded every quarter until maturity, which is how RDs are usually calculated.
Visual Breakdown
A chart shows how much of your maturity amount is your deposits and how much is interest.
Year-Wise Breakdown
Detailed yearly schedule showing total deposited, interest earned, and accumulated balance.
Instant Recalculation
Change any input and the maturity amount, interest, chart and table update at once, so you can try one scenario after another.
Multiple Currencies
Show amounts in any of 20 currency symbols, from the rupee and US dollar to the euro, pound and yen. Only the symbol changes; nothing is converted.
Free and Private
No signup, no tracking. Runs entirely in your browser.
How RD Maturity Is Calculated
Each monthly deposit earns interest compounded every quarter for as long as it stays in the account: maturity = Σ D × (1 + R ÷ 400)k ÷ 3, added up over every deposit, where D is the monthly deposit, R is the annual rate in percent and k is the number of months that deposit is held (from the full tenure for the first one down to 1 month for the last). Interest earned is the maturity amount minus the total deposited.
Worked example: ₹5,000 a month at 6.5% a year for 5 years (the calculator’s starting values).
- 60 deposits of ₹5,000 = ₹3,00,000 deposited, at a quarterly rate of 6.5 ÷ 400 = 1.625%.
- Maturity amount = ₹3,54,954, of which ₹54,954 is interest.
The year-wise schedule uses the same formula for the deposits made so far: after the first year the ₹60,000 deposited is worth ₹62,143, and the last row is the maturity amount.