RD Calculator

How to Use RD Calculator

Calculate recurring deposit maturity and returns

1

Enter Monthly Deposit

Use the slider or type directly to enter the amount you will deposit every month.

2

Set Interest Rate

Adjust the annual interest rate offered by the bank using the slider or input field.

3

Set Tenure

Enter the tenure in months using the slider or input field (e.g., 24 for 2 years).

4

View Results

See the total deposits, interest earned, and visual breakdown in the chart.

Tips & Best Practices

  • RD is ideal for regular savings with fixed monthly deposits.
  • Interest is compounded quarterly in most RDs.
  • Longer tenures typically offer better interest rates.
  • RD provides discipline in savings with automatic monthly deductions.
  • Compare RD rates across different banks before opening an account.