About the RD Calculator
Estimate the maturity value of a recurring deposit from monthly contributions, using the quarterly-compounding formula commonly used by Indian banks.
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RD Calculator
Estimate recurring deposit maturity for monthly savings.
Total deposits
₹1,80,000
Total interest
₹20,686
Maturity value
₹2,00,686
Deposited vs. maturity value
How the result is produced
The model treats recurring deposits as periodic contributions with the quarterly-compounding convention used by many Indian bank calculators, then accumulates the contribution schedule.
Example: A monthly ₹3,000 deposit can be projected over a two-year tenure to compare total deposits, estimated interest, and maturity value.
Limitations and review notes
Actual bank calculations can vary with deposit timing, quarterly periods, rate changes, taxes, and premature closure rules. Treat the result as a planning estimate and confirm it with the bank.
How to use it
- 1. Enter the monthly deposit amount, interest rate, and tenure.
- 2. Review total deposits, total interest, and maturity value.
- 3. Check the deposited-vs-value chart.
- 4. Adjust the tenure to compare different savings horizons.
FAQ
How is RD maturity calculated?
Using the quarterly-compounding formula banks commonly apply to monthly recurring deposits.
Why is the tenure rounded to quarters?
RD maturity is computed per quarter of compounding, so the tenure is rounded down to the nearest whole quarter.
Does this run on a server?
No. The calculation runs entirely in your browser after the page loads.
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