Calculate the estimated maturity amount, total deposits and interest earned on a recurring deposit.
Enter the values below to calculate your result.
Enter the required values and click Calculate to see your result.
Enter your monthly deposit, expected annual interest rate and investment tenure. The calculator adds each monthly contribution to the accumulated balance and applies the annual rate converted to a monthly rate. It then estimates the maturity amount, total deposits and interest earned.
Each monthly deposit is added to the balance and the accumulated balance earns monthly interest. Maturity Amount = balance after all monthly deposits and interest.Inputs
With a ₹5,000 monthly deposit, 7% annual interest rate and 5-year tenure, the estimated maturity amount is approximately ₹3,60,053. The total deposits are ₹3,00,000 and the estimated interest is approximately ₹60,053.
Inputs
With a ₹10,000 monthly deposit, 7% annual interest rate and 5-year tenure, the estimated maturity amount is approximately ₹7,20,105.
An RD calculator helps estimate the maturity value of a recurring deposit based on your monthly contribution, annual interest rate and investment period.
Recurring deposits allow you to invest a fixed amount regularly instead of investing a large amount at once. The accumulated deposits can earn interest throughout the investment period.
This calculator uses a simplified monthly-compounding model in which each monthly deposit is added at the beginning of the month and the balance earns one month of interest. Actual bank RD maturity calculations may differ because banks can use specific compounding conventions, deposit dates, rounding rules and other account terms.
Use the RD calculator to compare different monthly deposit amounts, interest rates and investment periods and estimate how much you could receive at maturity.
An RD calculator estimates the maturity amount, total deposits and interest earned when you invest a fixed amount regularly for a selected period.
A recurring deposit allows you to deposit a fixed amount, usually every month, for a predetermined period. The deposits earn interest according to the bank's applicable RD terms.
This calculator adds each monthly deposit to the accumulated balance and applies a monthly interest rate derived from the annual rate. The process is repeated for the selected number of months.
Yes. This calculator uses a simplified monthly-compounding model and assumes each monthly deposit is made at the beginning of the month.
No. The result is an estimate. Actual maturity values can differ because banks may use different compounding conventions, deposit dates, rounding methods and account-specific rules.
Generally, yes. Increasing the monthly deposit increases the total amount invested and can increase the interest earned, assuming the interest rate and tenure remain unchanged.
Yes. Enter the annual interest rate you want to evaluate to compare different potential RD outcomes.