RD Calculator

Plan your savings with confidence. Calculate your RD maturity amount and total interest earned.

RD Details

5,000
6.5 %
5 Years

Maturity Amount

0

Total Deposit

0

Total Interest Earned

0

Maturity Schedule (Year-wise)

Year Deposit Amount Interest Earned Maturity Value
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Savings Planner

Calculate Recurring Deposit (RD) Maturity Returns

Estimate your future recurring deposit returns, total interest earned, and maturity balance based on systematic monthly contributions.

1

Enter Monthly Deposit

Input the fixed sum of money you plan to save each month.

2

Set Annual Interest

Specify the nominal yearly interest rate offered by the bank.

3

Choose Tenure Period

Choose your repayment duration in monthly blocks or total years.

4

Compute Maturity

Instantly review your final maturity value, total principal, and compound growth charts.

Systematic Fixed Savings
Quarterly Interest Compounding
100% Private local parsing
Layout Grid

Quarterly Interest Compounding & Maturity Estimates

Systematic Monthly Savings

Models monthly deposits and tracks how systematic additions accrue interest systematically.

Quarterly Compounding Math

Applies standard commercial banking rules where monthly deposits compound quarterly.

Capital vs Gain Allocation

Illustrates the precise ratio between your total cumulative investments and net interest gained.

Annual Statements

Maps out yearly savings statements, indicating opening balance, deposits, interest earned, and closing balances.

Secure Sandbox Calculations

All data processing is run locally on the client thread, preventing any transaction data leaks.

RD FAQs

Frequently Asked Questions

1 What is a Recurring Deposit (RD)?
A Recurring Deposit is a special term deposit offered by banks that allows investors to save a fixed amount of cash monthly over a defined period, earning compounding interest rates similar to fixed deposits.
2 How is interest compounded in banking RDs?
In most commercial banks, RD interest is compounded quarterly. The maturity formula is: M = P x (1 + r / n)^(n x t) computed monthly for each installment, where interest accrues on monthly balances but compounds every quarter.
3 Can I withdraw my RD before maturity?
Yes, premature withdrawals are generally permitted, but banks apply penalty reductions on interest rates (usually 1% lower than the contract rate for the tenure the deposit stayed with the bank).
4 Is RD interest taxable?
Yes. Interest earned on Recurring Deposits is taxable under income from other sources at your applicable income tax slabs. Banks also deduct TDS if the total interest earned across deposits exceeds statutory limits.
5 Are my saving plans shared or logged?
No. All deposit installments, interest rates, and maturity values are computed locally inside your browser sandbox memory threads. No financial variables are shared or sent externally.