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.

How to Use

About the RD Calculator

What it calculates

This rd calculator helps you model financial decisions with accurate formulas and clear outputs. Calculate returns on your Recurring Deposits.

When to use it

Use when comparing loan terms, investment returns, taxes, or savings scenarios before making money decisions.

Example

Adjust the inputs above to model your specific scenario with the RD Calculator.

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