Instantly calculate the maturity value and interest earned on your Recurring Deposit (RD). Enter your monthly deposit, rate, and time to get results!
Total Deposited
Interest Earned
Maturity Amount
Recurring Deposit is a savings option where you deposit a fixed amount every month for a fixed tenure at a fixed interest rate. The interest is compounded quarterly and paid at maturity.
The calculator will show you the interest earned and the maturity value of your RD.
Example: If you deposit ₹10,000 per month for 5 years at 6.5% interest, the maturity amount will be ₹7,13,125 and the interest earned will be ₹1,13,125.
A Recurring Deposit is a financial instrument where you deposit a fixed amount every month for a fixed period at a fixed interest rate.
Yes, the interest earned on RD is taxable as per your income tax slab.
Yes, but premature withdrawal may attract a penalty and lower interest rate.
For more details, consult your bank or refer to RBI guidelines.