RD Calculator

Calculate Recurring Deposit maturity amount. See how much your monthly savings will grow with compound interest.

Frequently Asked Questions

What is a Recurring Deposit?

A Recurring Deposit (RD) is a savings scheme where you deposit a fixed amount every month for a fixed tenure and earn interest similar to FD.

How is RD maturity calculated?

RD maturity is calculated by compounding each monthly installment from its deposit date until maturity, typically quarterly compounding.