RD Calculator
Recurring deposit maturity
Maturity amount
₹3,59,664
≈ ₹3.6 Lakh
- Total deposited
- ₹3,00,000
- Interest earned
- ₹59,663.95
- Instalments
- 60
Estimates only. Actual figures may vary with your bank, fund or policy.
How it worksEach monthly deposit earns interest compounded quarterly for the months it stays invested.
FAQs
How is RD maturity calculated?
Each monthly deposit earns interest, compounded quarterly, for the time it stays in the account. All of them added together give the maturity amount.
What happens if I miss an RD instalment?
Most banks charge a small penalty for a missed instalment. Several missed instalments can lead to the RD being closed early.
RD or SIP, which is better?
RD gives guaranteed, lower returns. SIP in mutual funds can earn more over the long term but is not guaranteed.