RD Calculator

Calculate the maturity amount of your monthly savings deposit.

Monthly Deposit ($)

Interest Rate (% P.A.)

Tenure (Months)

What is a Recurring Deposit (RD)?

An RD allows you to save a fixed amount every month for a pre-determined period. Interest is compounded quarterly, helping you build a corpus through disciplined savings.

RD vs. SIP

While both involve monthly payments, RD returns are guaranteed by the bank, whereas SIP returns depend on market performance. RD is ideal for conservative savers.