RD Calculator

How the RD Calculator works

A recurring deposit is a monthly instalment with bank-style compounding, usually quarterly. It is the deposit-account cousin of a SIP.

Formula / method. Each monthly instalment compounds at the equivalent quarterly rate for the months it remains. Maturity is the sum of those future values.

When to use it. Use it when the product is an RD, not a mutual-fund SIP. The rate is contracted; the SIP rate is an assumption.

How to run a comparison

1. Open RD Calculator from Home search, the Finance Studio hub, or this URL.
2. Copy amounts, rates or dates from a document you already have — not a round marketing figure.
3. Read the headline result and any breakdown (schedule, slabs, or intermediate rows).
4. Change one input at a time so you can see what actually moves the answer.
5. Cross-check with a related calculator below, then confirm statutory rates before you act.

Nothing you type is uploaded for server-side processing. Save or screenshot an output if you need it later; we do not keep a server-side history.

Notes and assumptions

Instalments are on time. Premature closure and penalty slabs vary by bank.

Results are estimates for education and planning only. They are not financial, tax, medical, or legal advice. Slabs, scheme rates and product terms change; verify against official notifications or a qualified professional before acting.

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