RD Calculator – Recurring Deposit Maturity

The RD calculator uses a widely used Indian formula with quarterly compounding. It is an approximation; banks may round instalments and interest differently.

How to use this calculator

The RD calculator uses a widely used Indian formula with quarterly compounding. It is an approximation; banks may round instalments and interest differently. Results stay in your browser. They are estimates, not financial, tax or medical advice.

Frequently asked questions

What formula does this RD calculator use?

i = annual rate / 400 and n = 4 × years. Maturity = monthly deposit × ((1+i)^n − 1) / (1 − (1+i)^(-1/3)).

Is this the same as every bank’s RD?

No. Treat it as an estimate and check the bank’s own maturity table.