RD Calculator

What is the RD Calculator?

An RD is designed for regular saving rather than a single lump-sum deposit. The timing of each contribution means that different deposits earn interest for different lengths of time.

How the calculation works

The calculator uses a simplified monthly-contribution projection with an assumed quarterly-compounding rate. Actual recurring-deposit products can use bank-specific conventions.

Worked example

If you deposit ₹5,000 per month for 5 years at an assumed 7% annual rate, the calculator estimates the value of the regular contributions plus projected interest over the period.

How to use this calculator

1. Enter the values that apply to your situation.
2. Check the rate, period and other assumptions before calculating.
3. Click Calculate and review each part of the result, not only the headline number.
4. Change one input at a time if you want to compare different scenarios.

How to interpret the result

An RD is designed for regular saving rather than a single lump-sum deposit. The timing of each contribution means that different deposits earn interest for different lengths of time. Use the result as a planning estimate and compare it with the terms, rates or rules that actually apply to you.

Practical tips

• Use the monthly amount you can maintain consistently.
• Check the bank's exact maturity illustration before opening the account.
• Review premature closure and missed-instalment rules.
• Compare RD rates with other suitable savings options.

Important limitations

• Tax treatment is not included.
• The model is simplified and may not exactly match a bank's product calculation.
• Product rules differ between institutions.

Frequently Asked Questions

Last reviewed: August 2026. Rate-sensitive rules and institutional terms can change; verify current information before making an important decision.