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Recurring Deposit (RD) Calculator
Plan a recurring deposit: see what a fixed monthly saving grows to with quarterly compounding, as most Indian banks calculate it.
- Instant results
- No signup
- Remembers your inputs
- Rates checked Oct 2026
How the rd calculator works
Each monthly instalment grows at the quarterly-compounded rate for the months it stays invested: A = Σ R × (1 + r/4)4 × m/12.
How to use it
- Move the sliders or type exact figures — results update as you go.
- Read the highlighted result first, then the breakdown and chart.
- Open the year-by-year table to plan ahead, or copy the result into your notes.
Frequently asked questions
What happens if I miss an RD instalment?
Banks usually charge a small penalty and may close the RD after several missed instalments. Check your bank's rules.
RD or SIP — which is better?
An RD gives a fixed, guaranteed return. A SIP in mutual funds can earn more over long periods but returns are not guaranteed.
Results are estimates for planning, not financial, tax or investment advice. Rates and rules change — confirm with your bank, the scheme's official notice or a CA. Last reviewed 13 October 2026.
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