RD Calculator
Recurring deposit maturity with compounding frequency choice, senior citizen extra rate, year-by-year growth and an FD comparison.
| Year | Invested | Value | Interest |
|---|
| Monthly RD | Invested | Interest | Maturity |
|---|
Each monthly installment earns interest only for its remaining tenure, which is why an RD matures lower than an FD of the same total amount and rate. Monthly compounding is the default here; quarterly compounding is the Indian bank standard and gives a slightly different figure. The FD comparison assumes the full invested amount is deposited on day one and compounded quarterly at the same rate. Interest on RDs is taxable as income; TDS rules depend on your bank, PAN and total interest in a financial year.
What is RD Calculator?
RD Calculator is a free online calculator that calculate recurring deposit maturity value for monthly savings. Enter your numbers, and it instantly shows the full breakup, with no sign-up, no app, and everything working right in your browser. It also shows a colourful chart of the breakup, so you can see at a glance how much is your own money and how much is growth or interest.
You can change any value to compare scenarios side by side, which makes it easy to plan before you commit to a real decision.
Key Features
- Instant results, with the full breakup shown on page load
- A colourful donut chart showing invested money versus interest
- Compounding frequency choice: monthly, quarterly (Indian bank standard) or annual
- Senior citizen extra rate added to the base rate
- Year-by-year growth table for the full tenure
- FD comparison: what the same total amount would grow to as a day-one fixed deposit
- Comparison across monthly amounts (₹1,000, ₹2,500, ₹5,000, ₹10,000) at the same rate and tenure
- Simulated month by month, so each installment earns only for its remaining tenure
- Free, no sign-up, works on mobile and desktop
How to Use RD Calculator
- Enter your values in the fields shown on the page.
- Tap Calculate, or just change a value, since most calculators update automatically.
- Read the result cards and the donut chart.
- Adjust the values to compare different scenarios.
How to Read the Result
Start with the headline numbers, then look at the breakup: your own contribution versus the growth or interest on top of it. The chart makes the split obvious, and changing one input at a time shows you exactly which factor moves the result most.
Frequently Asked Questions
Is this calculator free?
Yes. It is completely free, with no sign-up and no hidden charges.
Are the results exact?
The results use standard formulas and the values you enter. Actual bank or scheme results can differ slightly because of rounding and official rules.
Do I need to sign up?
No. Everything works directly in your browser, with no account needed.
How is RD different from FD?
An RD Calculator works like an FD Calculator, except you deposit a fixed amount every month instead of a single lump sum. Each monthly deposit earns interest for a different length of time: the first deposit compounds the longest, the last deposit barely at all. The RD Calculator donut chart shows invested versus interest on the whole set of deposits. With the default example, the RD Calculator shows 3,00,000 rupees invested, 60,053 rupees of interest, and a maturity value of 3,60,053 rupees.
RD suits a monthly salary pattern, because the deposit matches the pay cycle and the money is locked away before it can be spent. The RD Calculator helps compare monthly amounts: a small increase each month adds up over five years, and the chart makes that visible immediately. Like bank deposits generally, recurring deposits fall under deposit insurance, explained on the DICGC website.
What happens if I miss a month?
Most banks charge a small penalty or adjust the maturity for missed deposits, and some allow a grace period. The RD Calculator assumes regular deposits, so treat a missed month as a reason to re-run the numbers rather than trusting the original projection.
