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RD Calculator
Calculate the maturity value of a recurring deposit.
About this calculator
In a recurring deposit you save a fixed amount every month at a fixed rate. Banks usually compound the interest quarterly. This calculator adds the interest earned by each monthly deposit for the time it stays in the account.
Results are estimates for information only. Please confirm important decisions with a qualified professional.
Frequently asked questions
What is the difference between RD and SIP?
An RD gives a fixed, safe rate. A SIP invests in the market, so returns can be higher or lower.
Can I miss an RD instalment?
Banks charge a small penalty for late instalments, so try to pay on time.