Recurring Deposit Calculator

Calculate your Recurring Deposit returns with accurate quarterly compounding methodology

Investment Details

Monthly Deposit Amount (₹)

Min: ₹100 | Max: ₹1,00,00,000

Annual Interest Rate (%)

Min: 4% | Max: 20%

Investment Period (Years)

Min: 1 year | Max: 10 years

Additional Months

Min: 0 months | Max: 11 months

Investment Projection

Enter your RD details to see your investment projection

About Recurring Deposit

What is RD?

A Recurring Deposit is a savings scheme where you deposit a fixed amount every month for a predetermined period. It offers guaranteed returns with quarterly compounding, making it ideal for building savings systematically.

Benefits

Guaranteed returns
Disciplined savings
Flexible tenure

Calculation Method

Our calculator uses quarterly compounding as per Indian banking practices. Each monthly deposit compounds individually for the remaining tenure, matching major banks like SBI, HDFC, and ICICI.

Important Tips

Start with comfortable amounts
Set up auto-debit
Compare rates across banks