RD Calculator

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INR
%
Deposited Interest
Total Deposited —
Interest Earned —
Maturity Value —

* Maturity Value = Total Deposited + Interest Earned.
Indicative only; actual rates vary by bank.

Growth Schedule Month-wise Show / Hide
Month Deposit Interest Earned Balance
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How this works

Recurring Deposit maturity compounds each month's fixed contribution the same way a SIP does — the tenure here is entered in months rather than years, since RD terms are commonly quoted that way (like 18 or 30 months) and don't always land on a whole year.

Common questions

Why does it ask for months instead of years?

RD tenures are often not whole years — 15, 18, 33 months are common — so months avoids forcing an inexact conversion the way a years-only field would.

Is RD interest compounded the same way as FD?

Both compound, typically quarterly at most banks, but RD adds a new contribution every month on top of the growing balance, while FD is a single lump sum growing on its own — different cash-flow pattern, same underlying compounding idea.