RD Calculator
Calculate Recurring Deposit maturity amount and interest earned.
RD Details
Maturity Amount
₹0
Total Investment
₹0
Total Interest Earned
₹0
What is a Recurring Deposit (RD)?
A Recurring Deposit (RD) is a savings investment where you deposit a fixed amount every month for a specified tenure and earn interest on it.
How RD Interest is Calculated
Each monthly installment earns interest for a different duration. The maturity amount is the sum of all deposits and the compounded interest.
Why Use an RD Calculator?
- Estimate RD maturity value easily
- Plan monthly savings
- Compare interest rates
Note: This calculator provides estimated results. Actual RD returns may vary by bank and scheme.
Frequently Asked Questions
Is RD better than FD?
RD is suitable for monthly savings, while FD is ideal for lump-sum investments.
Can RD tenure be less than one year?
Yes. Many banks offer RD tenures starting from 6 months.
Is RD investment safe?
Bank RDs are considered low-risk investments and often insured up to a certain limit.