Tools
RD Calculator
RD Calculator
See what a recurring deposit matures to. Enter the monthly instalment, the rate your bank quoted and the term.
Monthly instalment
₹
Interest rate (p.a.)
%
The rate your bank quoted for this term.
Term
Yr
Compounding
Quarterly
Monthly
Half-yearly
Yearly
Indian banks compound RD interest quarterly unless they say otherwise.
Total deposited
₹3,00,000
Interest earned
₹59,664
Maturity value
₹3,59,664
Total
₹3,59,664
Deposited
₹3,00,000
Interest
₹59,664
₹5,000 a month at 7% a year, compounded quarterly, matures to ₹3,59,664 after 5 years, of which ₹59,664 is interest.
Value
₹3,59,664
Deposited
₹3,00,000