RD Calculator

Estimate the maturity value of your recurring deposit based on the monthly installment, interest rate, and tenure, assuming quarterly compounding.

Your RD details

Monthly installment

RD interest rate (%)

Tenure (months)

Your RD projection

Maturity value

6.5% p.a.

₹62,143

after 12 months

Total invested

₹60,000

Total interest earned

₹2,143

+4% gain

Inflation-adjusted value

₹58,626

in today's ₹, at 6% inflation

3%is interest

Invested₹60.0K

Interest₹2.1K

Balance growth over time

Year-by-year growth

Year	Invested	Split	Interest	Balance
1	₹60,000		₹2,143	₹62,143

Frequently asked questions

Each monthly installment you deposit earns interest from the date it's made until maturity, compounded quarterly: the same convention most Indian banks use.

Yes. Interest earned on a recurring deposit is added to your taxable income and taxed at your slab rate. Banks deduct TDS if the interest earned in a financial year exceeds the prescribed threshold (₹40,000 for most depositors, ₹50,000 for senior citizens).

Most banks charge a small penalty for delayed installments and may close the RD account if multiple installments are missed. This calculator assumes every installment is paid on time for the full tenure.

Most banks allow premature withdrawal of an RD, but apply a penalty (typically a reduced interest rate) similar to a fixed deposit closed before maturity.

An RD can work for a goal-based emergency fund where you commit to a fixed monthly amount, but remember it has a fixed tenure and an early-withdrawal penalty. For a fund you might need to access at very short notice, a savings account or a liquid mutual fund is usually more flexible; an RD is better suited to a planned, medium-term savings goal.

RD maturity value is the sum of all your monthly installments plus the interest earned, compounded quarterly. Each installment earns interest only from the month it is deposited until maturity, so the first installment earns interest for the full tenure while the last one earns very little. For example, a monthly installment of ₹5,000 at 6.5% p.a. for 12 months matures to roughly ₹62,000. Enter your own installment, rate, and tenure above to get your exact RD maturity calculator result.

Popular RD calculations

Related calculators

This calculator assumes a monthly installment of ₹5,000 at 6.5% p.a., compounded quarterly (the standard convention for Indian recurring deposits), over a tenure of 12 months (1.0 years). Actual rates offered by banks vary and RD interest is taxable as per your income tax slab.

RD Calculator

Estimate the maturity value of your recurring deposit based on the monthly installment, interest rate, and tenure, assuming quarterly compounding.

Your RD details

Monthly installment

RD interest rate (%)

Tenure (months)

Your RD projection

Maturity value

6.5% p.a.

₹62,143

after 12 months

Total invested

₹60,000

Total interest earned

₹2,143

+4% gain

Inflation-adjusted value

₹58,626

in today's ₹, at 6% inflation

3%is interest

Invested₹60.0K

Interest₹2.1K

Balance growth over time

Year-by-year growth

Year	Invested	Split	Interest	Balance
1	₹60,000		₹2,143	₹62,143

Frequently asked questions

Each monthly installment you deposit earns interest from the date it's made until maturity, compounded quarterly: the same convention most Indian banks use.

Most banks allow premature withdrawal of an RD, but apply a penalty (typically a reduced interest rate) similar to a fixed deposit closed before maturity.

Popular RD calculations

Related calculators

RD Calculator

Frequently asked questions

How is RD interest calculated?

Is the RD maturity amount taxable?

What happens if I miss a monthly installment?

Can I withdraw my RD before maturity?

Is an RD a good way to build an emergency fund?

How do I calculate my RD maturity value?

RD Calculator

Frequently asked questions

How is RD interest calculated?

Is the RD maturity amount taxable?

What happens if I miss a monthly installment?

Can I withdraw my RD before maturity?

Is an RD a good way to build an emergency fund?

How do I calculate my RD maturity value?