RD Calculator: The Complete Guide
See what your recurring deposit will grow into. Enter your monthly deposit, the interest rate, and the tenure in months to estimate the maturity value, the total you'll deposit, and the interest earned.
Who the RD Calculator is for
Savers building a habit of monthly deposits who want to project an RD's maturity value.
How to use the RD Calculator
- Type your values into the fields above — pick your currency or units where the calculator offers them.
- Results update automatically as you type; there's no submit button and nothing is sent to a server.
- Adjust any input to compare scenarios, then copy the result with a single click.
How it works
Each monthly deposit earns interest for the months remaining until maturity. The maturity approximates P × ((1 + i)^n − 1) ÷ i × (1 + i), where P is the monthly deposit, i is the monthly rate, and n is the number of months.
Features
- Maturity value
- Total deposited vs. interest
- Any currency
- Tenure in months
What is a recurring deposit?
A recurring deposit (RD) lets you deposit a fixed amount every month for a set tenure, earning interest like a fixed deposit. It suits people who want to save steadily from monthly income rather than locking a lump sum. Banks often compound RDs quarterly, so treat this as a close estimate.