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Made with ❤️ in India
Last updated: 2 May 2026
Home› Tools›RD Calculator
🧮

RD Calculator

Calculate your Recurring Deposit maturity amount using the standard quarterly compounding method used by all Indian banks.

⚡ Instant Results🔒 No Signup Required✅ 100% Free Forever📱 Works on All Devices
Configure Your Calculation
₹5,000
₹100₹1 L
7%
2%12%
24 Months
6 Mo120 Mo
Live Results

Maturity Amount

₹1,29,099
Quarterly compounding
Split93%
Total Deposited
₹1,20,000
Interest Earned
₹9,099
Monthly Deposit₹5,000
Total Deposited₹1,20,000
Interest Earned₹9,099
Tenure24 months

Results are indicative. Consult a financial advisor before making decisions.

📐 How It Works

M × Σ[(1 + r/4)^(4×(n−i+1)/12)]

Each monthly deposit earns quarterly-compounded interest for its remaining tenure. This matches the standard RD calculation used by SBI, HDFC, and all major banks.

💡 Pro Tips

  • 1RD interest is taxable — TDS applies if annual interest exceeds ₹40,000 (₹50,000 for seniors).
  • 2Premature withdrawal incurs a 1–2% penalty; use FD instead for fixed lumpsum savings.
  • 3Higher-rate small finance banks like Equitas, AU, Ujjivan offer better RD rates.

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