RD calculator (recurring deposit)
How it works
The calculator estimates how monthly deposits can grow over the chosen period using a simple recurring-deposit style monthly growth approach.
Simple example
If you deposit ₹5,000 every month for 36 months, the maturity amount is higher than the total deposited because each installment earns interest for a different length of time.
What to look at
Check whether the final value supports your goal and whether the monthly deposit feels easy to continue without breaking discipline.
Important note
Banks may use slightly different RD formulas and payout methods.
Frequently asked questions
Is RD better than savings account?
RD usually offers better discipline and often higher rates, but flexibility is lower.
Can I stop RD midway?
Some banks allow closure, but returns may be affected.
Why is RD different from SIP?
RD is a deposit product, while SIP is an investment route into market-linked products.
Does RD value change monthly?
Yes, because every monthly installment gets a different interest period.
Is this result exact?
It is a simplified educational estimate.
Finance disclaimer
This calculator is for educational purposes only. It does not provide personalized financial, tax, legal, credit, or investment advice. Results are simplified estimates and may differ from actual bank, issuer, employer, lender, or tax outcomes.