Recurring Deposit (RD) Calculator
Calculate the maturity amount and interest earned on your recurring deposit investments
Select Bank Interest Rate
RD Details
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The amount you'll deposit every month
₹ 500₹ 1,00,000
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Annual interest rate offered by the bank
3%8%
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Duration of your recurring deposit
3120
RD Calculator Results
₹5,000 monthly for 36 months at 5.5%
Maturity Amount
₹0
After 3 years, 0 months
Total Deposits
₹0
Total Interest
₹0
Effective Annual Yield: 5.61%
Interest Rate
5.5%
Compounded quarterly
Deposit Term
36 Months
3 Years, 0 Months
Yearly Breakdown
| Year | Total Deposits | Interest Earned | Value at Year End |
|---|
About Recurring Deposits
Recurring Deposits are a great way to build a savings habit through regular monthly deposits. They typically offer better interest rates than savings accounts while maintaining liquidity at maturity.
Fixed Timeline
Deposits must be made monthly on a fixed date until maturity
Safe Investment
Backed by banks with predictable returns and low risk
Premature Withdrawal
Possible with a small penalty on the interest rate