Recurring Deposit (RD) Calculator

Estimate the maturity value of your Recurring Deposit (monthly investments).

Result will appear here

How to Use:

  1. Enter the fixed amount you deposit each month.
  2. Enter the annual interest rate (as a percentage).
  3. Enter the tenure (duration) of the deposit in years.
  4. Click the 'Calculate RD Maturity' button.
  5. The Maturity Value, total Principal deposited, and Total Interest earned will appear below.
  6. This calculation uses a standard formula assuming monthly deposits and effective monthly compounding for simplicity. Actual bank calculations might vary slightly based on exact compounding frequency (e.g., quarterly).