Recurring Deposit Calculator
Calculate your RD maturity amount and track your monthly savings growth
RD Details
₹
₹500
₹1,00,000
%
1%
15%
About Recurring Deposits
A Recurring Deposit (RD) is a special type of term deposit that allows you to save a fixed amount every month and earn interest at the rate applicable to fixed deposits. It’s an excellent tool for regular savings.
RD Maturity Details
Total Deposits
₹1,80,000
Interest Earned
₹23,483
Maturity Value
₹2,03,483
Effective Yield
7.7%
Growth Over Time
| Year | Total Deposits | Interest | Maturity Value |
|---|---|---|---|
| 1 | ₹60,000 | ₹2,328 | ₹62,328 |
| 2 | ₹1,20,000 | ₹9,876 | ₹1,29,876 |
| 3 | ₹1,80,000 | ₹23,483 | ₹2,03,483 |
| 4 | ₹2,40,000 | ₹43,872 | ₹2,83,872 |
| 5 | ₹3,00,000 | ₹71,328 | ₹3,71,328 |
Benefits of Recurring Deposits
Disciplined Savings
RDs encourage regular monthly savings habit with a fixed deposit amount.
Low Risk
RDs are one of the safest investment options with guaranteed returns.
Flexible Amounts
Start with as low as ₹500 per month with flexible tenure options.