Recurring Deposit Calculator

Calculate maturity amount and interest earned on recurring deposits.

What is a Recurring Deposit Calculator?

A Recurring Deposit Calculator helps investors estimate the maturity amount and interest earned from a recurring deposit account. In an RD account, a fixed amount is deposited every month for a specific period and earns interest.

How Recurring Deposit Calculation Works

The calculator uses compound interest formulas to determine the maturity value of monthly deposits over the chosen time period based on the interest rate offered by banks.

Example

If you deposit ₹5,000 every month for 24 months at an interest rate of 7%, the calculator will show the total invested amount, interest earned, and maturity value at the end of the investment period.

Why This Tool is Useful

A Recurring Deposit Calculator helps individuals plan disciplined savings and estimate future returns from RD accounts offered by banks and financial institutions.