RD Calculator
Calculate maturity value of your Recurring Deposit with quarterly compounding.
₹
Amount you deposit every month.
%
Annual interest rate.
Mo
Total tenure in months.
Quarterly Compounding
RD interest is compounded quarterly as per RBI guidelines.
Maturity Amount
₹ 0
After 60 months (5.0 years)
Invested
Total Deposited
0
Returns
Interest Earned
0
Duration
Tenure
60 Mo
Growth Over Time
Documentation
How RD Works
A Recurring Deposit (RD) is a savings scheme where you deposit a fixed amount every month for a predetermined period. Interest is compounded quarterly.
Key Features
"Fixed monthly deposits, guaranteed returns, flexible tenure from 6 months to 10 years."
The Formula
M = P × ((1 + r/n)nt - 1)(1 - (1 + r/n)-1/3)
₹ 0 from ₹ 10,000/mo @ 7%
Where: M = Maturity, P = Monthly deposit (₹ 10,000), r = Annual rate (7%), n = 4 (quarterly), t = Years (5.0).
Last Updated: January 2026
Disclaimer: Interest rates vary by bank and tenure. Premature withdrawal may attract penalty. Please check with your bank for exact rates and terms.