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RD Calculator
Free RD calculator for India — estimate recurring deposit maturity for monthly bank deposits.
Last updated 2026-09-18
Maturity amount
₹3,60,053
Amount deposited
₹3,00,000
Interest
₹60,053
How it works
RD is treated as a monthly annuity: FV = P × ((1 + r)^n − 1) / r × (1 + r).
How to use this calculator
- Enter the inputs shown above (amount, rate, tenure, income, or other fields).
- Read the live results — they update as you type.
- Check the formula, worked example, and assumptions on this page before you decide.
Formula
RD is treated as a monthly annuity: FV = P × ((1 + r)^n − 1) / r × (1 + r).
Worked example
₹5,000 per month for 5 years at 7% grows to about ₹3.59 lakh.
Reading the result
Treat the output as a planning figure. Compare it with your sanction letter, payslip, or GST invoice rather than treating it as a filing or a loan offer.
See also: calculation methodology and disclaimer.
Frequently asked questions
RD pays a fixed bank rate. SIP return depends on market performance and is not guaranteed.
Assumptions and limits
- This is a planning estimate. Your lender, employer, or tax officer may use different inputs or rounding.
Results are educational estimates, not tax, legal, investment, or medical advice, and not a loan offer. Verify filings and payments with the official authority or a qualified professional.
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