Use this Recurring Deposit (RD) calculator to estimate the maturity amount when you invest a fixed sum every month. Simply enter the monthly installment, deposit tenure, and interest rate to understand how your savings grow over time.
The calculator assumes monthly compounding, which is commonly followed by most banks and financial institutions in India. Since each monthly deposit earns interest for a different duration, the final maturity value reflects the power of disciplined and regular savings.
Example: If you deposit ₹2,000 every month at an interest rate of 6% per annum for a tenure of 5 years, your total investment gradually accumulates interest and results in a higher maturity amount through compounding.
Recurring Deposits are ideal for salaried individuals, students, and anyone looking to build a savings habit with low risk and predictable returns.
In an RD account, a fixed amount is deposited every month for a chosen tenure. Each installment earns interest until maturity, and the final amount is the sum of all deposits plus the interest earned over the entire period.
Enter details and click Calculate