Recurring Deposit Calculator
Calculate your RD maturity amount and track your monthly savings growth
RD Details
About Recurring Deposits
A Recurring Deposit (RD) is a special type of term deposit that allows you to save a fixed amount every month and earn interest at the rate applicable to fixed deposits. It’s an excellent tool for regular savings.
RD Maturity Details
Total Deposits
₹1,80,000
Interest Earned
₹23,483
Maturity Value
₹2,03,483
Effective Yield
7.7%
Growth Over Time
| Year | Total Deposits | Interest | Maturity Value |
|---|---|---|---|
| 1 | ₹60,000 | ₹2,328 | ₹62,328 |
| 2 | ₹1,20,000 | ₹9,876 | ₹1,29,876 |
| 3 | ₹1,80,000 | ₹23,483 | ₹2,03,483 |
| 4 | ₹2,40,000 | ₹43,872 | ₹2,83,872 |
| 5 | ₹3,00,000 | ₹71,328 | ₹3,71,328 |
Benefits of Recurring Deposits
Disciplined Savings
RDs encourage regular monthly savings habit with a fixed deposit amount.
Low Risk
RDs are one of the safest investment options with guaranteed returns.
Flexible Amounts
Start with as low as ₹500 per month with flexible tenure options.
Benefits of This Tool
- Accurate RD Formula – Compound interest per deposit
- Flexible Tenure – 6 to 120 months (or years)
- Any Compounding – Monthly, Quarterly, Half-Yearly, Yearly
- Live Donut Chart – See deposits vs interest split
- Yearly Growth Table – Track maturity year-by-year
- Effective Yield – True annualized return shown
- 100% Private & Free – No login, works offline
About This Tool
The Recurring Deposit Calculator shows exactly how your monthly savings grow into a lump sum through the power of compounding — ideal for planning education, marriage, or big purchases.
Enter your monthly deposit (₹500–₹1,00,000), interest rate (1–15%), and tenure (6–120 months or 0.5–10 years). Choose compounding frequency: most banks use quarterly, but you can test monthly or annual.
Each deposit earns interest from the day it’s made. The tool calculates total deposits, interest earned, and maturity value using the precise RD formula. A donut chart shows the split, and a yearly table tracks growth up to 5 years.
Includes effective yield — your true annualized return. Great for comparing RD vs SIP, teaching kids about savings, or negotiating better bank rates. All in-browser — no data sent.
Pro Tip: Even ₹1,000/month at 7.5% for 5 years grows to over ₹71,000 in interest!