Fixed income calculator

RD Calculator

Recurring deposit maturity value. Adjust the sliders or type exact values — results update instantly.

Your inputs

Monthly deposit

Interest rate

Tenure

Maturity value

₹7,20,105

≈ ₹7.20 L

Total deposited₹6,00,000
Interest earned₹1,20,105

Total deposited: ₹6,00,000
Interest earned: ₹1,20,105

Results are estimates. They are based only on the values you enter and the assumptions listed below, and may differ from the figures your bank, lender or fund house provides.

How it works

How the RD calculator works

A Recurring Deposit (RD) lets you deposit a fixed amount every month for a set tenure, earning compounded interest similar to a Fixed Deposit but built up gradually rather than as a single lump sum.

This calculator projects your RD maturity value from your monthly deposit amount, the interest rate offered, and the tenure, showing the total amount deposited alongside the interest earned.

For example, depositing ₹10,000/month at 7% for 5 years matures to roughly ₹7.19L on ₹6L deposited — about ₹1.19L in interest.

FAQ

Frequently asked questions

How is RD interest calculated?

Each monthly deposit earns compounded interest from the date it is deposited until maturity, so earlier deposits earn interest for longer than later ones — similar in principle to how a SIP accumulates, but at a fixed guaranteed rate instead of a market-linked one.

RD vs SIP — which should I choose?

An RD offers a fixed, guaranteed return with capital safety, while a SIP into a mutual fund carries market risk but has historically offered higher long-term returns. The right choice depends on your risk appetite and the goal’s time horizon.

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