RD Calculator
Calculate Recurring Deposit maturity amount monthly savings
RD Details
Enter monthly deposit
₹500₹1L
1%15%
6 Mo10 Yrs
RD Maturity
Maturity Amount
₹3,55,587
After 5 years
Total Deposited
₹3,00,000
Interest Earned
₹55,587
📊 RD Breakdown
Total Deposited₹3,00,000 (84%)
Interest₹55,587 (16%)
💡 RD Insight
Your monthly RD of ₹5,000 will grow to ₹3,55,587 in 5 years!
❓ FAQs
Recurring Deposit is a savings scheme where you deposit a fixed amount monthly for a fixed period at predetermined interest, building lump sum at maturity.
RD uses formula: M = R × [(1+i)^n - 1] / (1 - (1+i)^(-1/3)). Compounded quarterly in most banks.
RD: For monthly savings habit. FD: For lump sum investment. FD usually gives slightly higher rates than RD.
Yes! RD interest is fully taxable as per your tax slab. TDS applies if interest exceeds ₹40,000/year.