RD Calculator
Calculate your recurring deposit maturity and interest earned.
Your Investment Results
Invested amount, interest earned and maturity value:
Invested amount
₹
Interest earned
₹
Maturity value
₹
RD Growth Schedule
| Year | Total Contribution | Returns Earned | Closing Balance | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| ₹ | ₹ | ₹ | |||||||||
| |||||||||||
Understanding Compounding in RD
Recurring deposits are generally compounded quarterly in India, but banks and financial institutions may also use monthly, half-yearly, or yearly compounding depending on the product.
Quarterly Compounding RD Calculator
By default, Indian banks compound RD interest every quarter. Our calculator reflects this option when you select Quarterly from the dropdown. This is the most common method and aligns with RBI guidelines.
Monthly Compounding RD Calculator
Some cooperative banks and international institutions may use monthly compounding. Simply choose "Monthly" from the calculator to compare returns.
Half-Yearly Compounding RD Calculator
Half-yearly compounding is rare but still offered in certain deposit schemes. Use this option to calculate maturity accordingly.
Yearly Compounding RD Calculator
In yearly compounding, interest is calculated once per year. Returns are typically lower compared to quarterly or monthly compounding.