RD Calculator
Estimate the maturity value of regular monthly deposits at an assumed interest rate.
Enter your details
Recurring-deposit institutions may compound quarterly or use different deposit dates. This simplified estimate excludes tax and penalties.
Your result
Enter your details to calculate.
Worked example
Sample inputs
- Currency
- Indian rupee (INR)
- Monthly deposit
- 5000
- Annual interest rate (%)
- 6.5
- Term (months)
- 24
Estimated maturity amount: ₹1,27,780.55
- Total deposits: ₹1,20,000.00
- Estimated interest: ₹7,780.55
- Monthly deposits: 24
How this rd calculator works
Each monthly contribution is modelled as a deposit at month-end and compounded monthly at the entered annual rate for the remaining months.
Recurring-deposit institutions may compound quarterly or use different deposit dates. This simplified estimate excludes tax and penalties.
Frequently asked questions
Is this the exact maturity amount offered by a bank?
Not necessarily. Banks can use quarterly compounding, exact deposit dates, rounding, and product-specific rules.
Does the estimate include tax?
No. The displayed interest is before any tax that may apply to you.