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RD Calculator

Calculate the maturity value of a bank Recurring Deposit from a fixed monthly deposit, interest rate, and tenure, using quarterly compounding as banks typically apply for RDs.

How to Use RD Calculator
  1. 1Enter the fixed amount you plan to deposit every month
  2. 2Enter the annual interest rate offered on the RD
  3. 3Enter the RD tenure in years
  4. 4Click Calculate to see the total deposited and maturity value
Frequently Asked Questions

An FD is a one-time lump-sum deposit, while an RD builds up through fixed monthly deposits over the tenure — use the FD Calculator if you're depositing a single amount instead.

Banks typically compound RD interest quarterly, which this calculator applies, rather than monthly or annually.

This is for a bank Recurring Deposit. Post Office RD is a separate government-backed scheme with its own terms — use the dedicated calculator for that scheme.

The total amount you'll have deposited across the tenure and the maturity value including the interest earned.

Yes, RD interest is taxable as income at your applicable slab rate, similar to FD interest, and banks may deduct TDS above a certain threshold.

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