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
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.