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💰 RD Calculator
Calculate your Recurring Deposit returns
A Recurring Deposit (RD) allows you to save a fixed amount every month and earn interest on it over a specified tenure. Our RD Calculator helps you estimate the maturity amount by considering your monthly deposit, interest rate, tenure, and compounding frequency.
Simply enter your monthly deposit, the interest rate offered by your bank, and the duration of your RD. The calculator applies compound interest, usually compounded quarterly, to provide an accurate estimate of your total maturity value and the interest earned.
This tool helps you plan your finances better by projecting your savings growth, comparing different RD schemes, and setting achievable financial goals.