RD Calculator — Recurring Deposit Maturity
Enter the amount you deposit every month, the RD rate and how many months you'll keep paying.
Fill in the fields — the answer appears as you type.
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How it's calculated
- Maturity = Σ P × (1 + r ÷ 400)^(k ÷ 3), for k = 1 … N months
- P = monthly deposit, r = yearly rate in %, k = months that instalment stays invested
Worked example
₹5,000 a month for 60 months at 6.7% matures at ₹3,56,829.
Load this example into the calculatorAssumptions and limits
- Every instalment is paid on time at the start of the month.
- Interest compounds quarterly (standard for Indian banks and India Post).
Common questions
RD or SIP?
An RD gives a fixed, guaranteed rate; an equity SIP can earn more or less and its value goes up and down. Use an RD for money you need on a fixed date.