RD Calculator — Recurring Deposit Calculator

Written by Great Medico

Updated September 25, 2026 •2 min read

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Financial comparisons become easier when the formula is transparent. RD Calculator — Recurring Deposit Calculator turns the displayed inputs into a repeatable estimate that you can recalculate as rates, prices, or other assumptions change. On this page, it projects the maturity value of equal monthly recurring deposits.

What this calculator does

RD Calculator — Recurring Deposit Calculator projects the maturity value of equal monthly recurring deposits. Its visible inputs are Monthly deposit, RD term, Interest rate. The article follows those fields and the calculation that is actually available on this page; it does not silently add live market feeds, tax tables, legal eligibility tests, or other variables that are not present in the tool.

How to use it

Enter Monthly deposit, RD term, Interest rate. Use the units and percentage scale shown beside each field, and keep values on the same time basis when the formula compares income, rates, prices, balances, or work hours.

How the calculation works

The recurring-deposit maturity amount is the future value of monthly deposits, using monthly interest and treating deposits as beginning-of-period payments in the current calculation.

Example

Using the page’s demonstration values (Monthly deposit = 5,000; RD term = 5; Interest rate = 7) and leaving the remaining defaults unchanged, the calculator returns ₹360,052.63 for rd maturity amount. Replace the sample inputs with values from the same period and definition before interpreting your own result.

How to interpret the result

Use the number as a mathematical projection from the entered contribution, rate, term, or tax assumption. Scheme eligibility, statutory caps, credited rates, tax treatment, lock-ins, withdrawal rules, and lender practices are separate questions that can change over time.

Limitations and notes

Banks can use product-specific compounding and deposit timing. This page uses its own monthly future-value convention rather than a bank’s maturity table. Government schemes and tax rules can change by financial year or notification. Interest rates may be reset, contribution limits can apply, and tax/withdrawal treatment may depend on eligibility. Verify the current official scheme or tax rule before acting.