Recurring Deposit (RD) Calculator
Estimate RD returns with monthly deposit amount, interest rate and tenure for savings.
Fixed amount deposited every month into the recurring deposit.
Enter years and additional months.
Optional estimate of tax deducted from earned interest.
Recurring deposit growth estimate
The calculator accumulates monthly contributions using the selected annual rate and compounding frequency.
& Interest
Maturity Amount
0.00
estimated value
Interest Earned
0.00
savings growth
Total Deposited
0.00
monthly deposits
Post-Tax Maturity
0.00
before tax adjustment
Recurring Deposit Formula
For an RD, each monthly contribution earns interest for the remaining period of the deposit.
M = maturity amount, D = monthly deposit, r = annual interest rate, n = compounding frequency, and t = remaining time for each deposit.
How to Use the Recurring Deposit Calculator
Enter the Monthly Deposit
Enter the amount you plan to deposit every month.
Set the Interest Rate
Enter the annual RD interest rate or adjust the slider.
Choose Tenure and Compounding
Enter the deposit duration and select the applicable compounding frequency.
Review RD Maturity
See total deposits, interest earned, maturity amount and estimated post-tax maturity.
Example
A monthly recurring deposit of 10,000 at 7% annual interest for 5 years.
The calculator accumulates each monthly contribution and estimates the interest earned over the selected tenure.
Actual maturity can vary by financial institution, deposit timing, compounding conventions and applicable taxes.