Calculate your Recurring Deposit maturity amount using the standard quarterly compounding method used by all Indian banks.
Results are indicative. Consult a financial advisor before making decisions.
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.