RD Calculator

Project recurring-deposit savings from regular contributions and an assumed rate. Enter your own values below to see estimated maturity and check the method behind it.

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Your inputs

Change the example values to match your situation.

Your result

Let’s work it out.

Fill in your inputs and select Calculate.
Your result and breakdown will appear here.

How this calculator works

Convert quarterly compounding to an equivalent monthly rate; compound beginning-of-month deposits to the end of the term.

Before you use the result

  • Projection using the rate you enter, not a guaranteed return or live product quote. Unless stated otherwise, taxes, fees and inflation are excluded.
  • Bank RD day-count and installment timing may differ.

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What is RD Calculator?

RD Calculator helps you project recurring-deposit savings from regular contributions and an assumed rate.

The main result is estimated maturity, with a breakdown of deposits and interest. The formula, example and assumptions below explain how to interpret it.

How to use RD Calculator

Use the example to get familiar with the form, then enter your own figures. Any rates in the example are illustrative. Check the field labels and units before calculating.

  1. Gather monthly deposit (₹), nominal annual rate (quarterly compounding) (%) and number of monthly deposits. Use values from the same situation or reporting period.
  2. Replace the example monthly deposit with your own value, then complete the other fields. Check the displayed units.
  3. Select Calculate and read estimated maturity with its result breakdown. Change one input and calculate again to compare a second scenario. Reset restores the original example.
  • Enter monthly deposit in ₹, at least 0. Decimals are accepted.
  • Enter nominal annual rate (quarterly compounding) in %, at least 0 and at most 100. Decimals are accepted.
  • Enter number of monthly deposits, at least 1 and at most 1200. Use a whole number.

RD Calculator: a worked example

With the inputs below, the result is ₹3,59,663.95 (estimated maturity). Follow the example, then replace these illustrative values with your own.

Example inputs and output
Input or outputExample value
Monthly deposit (₹)₹5,000
Nominal annual rate (quarterly compounding) (%)7 %
Number of monthly deposits60
Estimated maturity₹3,59,663.95
Deposits₹3,00,000
Interest₹59,663.95

Understanding the RD result

Read estimated maturity alongside deposits and interest. These describe different parts of the same calculation.

Displayed results use a readable number of decimal places. When checking a result by hand, keep extra precision until the last step. To compare scenarios, change one input at a time and keep the others fixed.

  • Example Deposits: ₹3,00,000
  • Example Interest: ₹59,663.95

RD Calculator: assumptions and common mistakes

A useful estimate starts with the right inputs. Check the following assumptions and limits before applying the result to your situation.

  • Projection using the rate you enter, not a guaranteed return or live product quote. Unless stated otherwise, taxes, fees and inflation are excluded.
  • Bank RD day-count and installment timing may differ.
  • A projected return is an assumption. Check whether fees, tax and inflation are included before comparing products.

For wider guidance, visit SEBI Investor Education. The formula and scope of this specific tool are stated on this page.

RD Calculator FAQs

What does RD Calculator calculate?

RD Calculator helps you project recurring-deposit savings from regular contributions and an assumed rate. Its main output is estimated maturity in ₹.

What inputs do I need for RD Calculator?

You need monthly deposit (₹), nominal annual rate (quarterly compounding) (%) and number of monthly deposits. Use the field labels and units to match your figures to the formula.

Which formula does RD Calculator use?

Convert quarterly compounding to an equivalent monthly rate; compound beginning-of-month deposits to the end of the term.

What is a worked example for RD Calculator?

Example inputs: Monthly deposit: ₹5,000; Nominal annual rate (quarterly compounding): 7 %; Number of monthly deposits: 60. The result is ₹3,59,663.95 (estimated maturity).

How should I enter monthly deposit?

Enter monthly deposit in ₹, at least 0. Decimals are accepted.

How do I choose nominal annual rate (quarterly compounding)?

Enter nominal annual rate (quarterly compounding) in %, at least 0 and at most 100. Decimals are accepted. The example uses 7 %; replace it if your circumstances differ.

How should I read estimated maturity?

Read estimated maturity alongside deposits and interest. These describe different parts of the same calculation.

Why might my RD Calculator result differ from my records?

Projection using the rate you enter, not a guaranteed return or live product quote. Unless stated otherwise, taxes, fees and inflation are excluded. Differences in entered values, units or rounding can also change the comparison.

Can I compare two scenarios in RD Calculator?

Yes. Note your first estimated maturity, change monthly deposit or another input, and select Calculate again. Editing a field clears the old result so it is not mistaken for a new calculation.

Is RD Calculator free, and where are my inputs calculated?

This calculator is free to use without signing in. Its formula runs in your browser; calculator inputs are not sent to a calculation API. The inputs reset to the example values when you reset the form or start a fresh page.