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Finance Calculators

RD Calculator

Verified formula Updated Jun 2026 Private — runs on your device

Enter details
₹
%
60 months
6 months120 months
Verified formula Private

Maturity value

₹3,55,284

Total deposited
₹3,00,000
Interest earned
₹55,284
View chart data
Total deposited300000
Interest earned55284

For general information only — not financial, tax, legal or medical advice. Verify before you rely on it.

How to use the RD Calculator

The RD Calculator works out your maturity value, along with 2 related figures in an instant. Enter monthly deposit, interest rate (p.a.) and tenure and the result updates as you type — it is free, needs no sign-up, and runs entirely in your browser so your figures stay private.

  1. Enter the monthly deposit.
  2. Enter the interest rate (p.a.).
  3. Set the tenure.
  4. Read off your maturity value, together with total deposited and interest earned — the calculator updates automatically, with no button to press.

Worked example

For example, with monthly deposit of ₹5,000, interest rate (p.a.) of 6.5% and tenure of 60 months, the maturity value is ₹3,55,284.

Inputs used
Monthly deposit ₹5,000
Interest rate (p.a.) 6.5%
Tenure 60 months
Results
Maturity value ₹3,55,284
Total deposited ₹3,00,000
Interest earned ₹55,284

Results are estimates for educational use, not professional advice.

Key terms explained

Interest rate
The percentage charged on a loan or paid on savings, usually quoted per year (per annum).
Maturity
The point at which an investment or deposit ends and its full value becomes payable.
Tenure
The length of time over which a loan is repaid or an investment is held.

Frequently asked questions

A recurring deposit lets you invest a fixed amount every month for a set tenure at a fixed interest rate. It suits regular savers and pays the accumulated principal plus interest at maturity.

This calculator uses monthly compounding of a series: each instalment earns interest for the remaining months. Banks may use quarterly compounding, so your actual maturity can differ slightly.

An FD invests a single lump sum upfront, while an RD invests a fixed amount every month. RDs suit those saving gradually; FDs suit those with a lump sum to park.

Yes. RD interest is taxed at your income-tax slab rate, and TDS may apply if interest exceeds the annual threshold. The calculator shows the pre-tax maturity value.

Enter the monthly deposit. Enter the interest rate (p.a.). Set the tenure. Read off your maturity value, together with total deposited and interest earned — the calculator updates automatically, with no button to press.

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