Calculate recurring deposit maturity
Estimate the maturity value of a monthly recurring deposit.
Calculated in your browser. Nothing you enter is sent to a server.
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Monthly deposit
Interest rate6.5%
Tenure24 mo
Maturity value
₹1,28,425
Total deposited₹1,20,000
Interest earned₹8,425
Approximate. Banks may round slightly differently. Calculated in your browser.
01
Enter the monthly deposit
The fixed amount you'll deposit every month.
02
Set the rate and tenure
Your bank's quoted RD rate and how many months you'll deposit for.
03
See the maturity value
The final amount, and how much of it is interest.
Frequently asked
How is RD maturity calculated?
Using the standard formula banks publish for recurring deposits, which compounds quarterly on the running balance of monthly deposits.
Why might my bank's number differ slightly?
Small differences can come from rounding conventions or the exact day deposits are credited. The formula itself is the standard one used across most banks.