RD Calculator
Recurring Deposit Calculator. Calculate maturity amount for your monthly deposits.
Total Invested
₹3,00,000
Total Interest
₹59,664
Maturity Amount
₹3,59,664
How the RD Calculator works
A Recurring Deposit (RD) lets you deposit a fixed amount every month for a set term at a fixed rate. This calculator estimates the maturity value and total interest earned across all your monthly instalments.
Each instalment earns compound interest for the remaining months, so earlier deposits grow more than later ones.
Frequently asked questions
How is RD interest calculated?+
Interest is compounded (usually quarterly) on each monthly deposit for the time it stays invested, then all instalments and interest are summed at maturity.
Is RD interest taxable?+
Yes, RD interest is taxable at your income slab, and TDS may apply if it crosses the annual threshold.
RD vs FD — which is better?+
An FD suits a lump sum you already have; an RD suits saving a fixed amount monthly. For the same rate and money, a lump-sum FD usually earns a bit more.
Can I withdraw an RD early?+
Yes, with a penalty and reduced interest, similar to an FD.