A Recurring Deposit Calculator is one of the most useful financial tools for people who invest monthly to create disciplined savings. Whether you invest in a bank RD, Post Office RD, or a digital recurring deposit scheme, you always want to know:

How much total amount you will invest
How much interest you will earn
What will be your final maturity amount

What is a Recurring Deposit (RD)?

A Recurring Deposit is a monthly investment scheme where you deposit a fixed amount every month for a fixed tenure, usually between 1 to 10 years. Banks and the India Post Office offer RD accounts with attractive interest rates.

Common reasons people choose RD:

Safe investment option
Guaranteed returns
Ideal for students, salaried people & small businesses
Flexible tenure
No risk of market fluctuations

Our Recurring Deposit Calculator helps you calculate RD maturity instantly without manually applying complex formulas.

Why Use an RD Calculator?

Most people do not know how RD interest is calculated because banks use a formula based on quarterly compounding. Manually calculating it is difficult and error-prone.

A Recurring Deposit Calculator Online solves this by giving:

Instant maturity value
Exact interest gained
Total investment summary
Comparison between RD and FD

Features of Our Recurring Deposit Calculator

Our RD calculator is built with a modern UI, scrollable number cards, and a dynamic chart that visually displays your growth.

✔ Monthly or FD (lumpsum) mode
✔ Investment slider
✔ Interest rate slider
✔ Time period slider
✔ Auto-calculation
✔ Doughnut chart
✔ Scrollable maturity results
✔ Mobile responsive
✔ Bank-style RD formula applied

Whether you are calculating a bank RD, Post Office RD, SBI RD, HDFC RD, ICICI RD, or any private bank recurring deposit, this calculator works for all.

Understanding RD Interest Calculation

Example: RD Calculation Manually (Before Using the Calculator)

To estimate Total Daily Energy Expenditure, this calculator uses the following multipliers:

Let’s say:

Monthly investment = ₹5,000
Tenure = 5 years
Interest rate = 6.5%
You would need to calculate:
Total months: 60
Quarters: 20
i = 6.5 / 400 = 0.01625

Then apply the long exponential formula manually.

This takes time and is confusing.

Our Recurring Deposit Calculator Online gives instant and accurate values.

What Our RD Calculator Shows

Our RD calculator gives three important outputs:

1️⃣ Total Investment Amount

This is the amount you deposit over the full period.

Example:
₹5,000 per month × 60 months = ₹3,00,000

2️⃣ Wealth Gained (Interest Earned)

Interest earned using quarterly compounding.

Example:
√ Interest earned = ₹54,963 (for example)

3️⃣ Maturity Value (Final Amount)

This is the total amount you will get at the end of the RD.

Example:
₹3,54,963

These values scroll horizontally if long, making it user-friendly even on mobile devices.

Bank-Wise RD Interest Rate Examples (General Idea)

Different banks offer different RD interest rates. Our RD calculator works for all banks by letting you manually choose the interest rate.

Popular Banks Offering RD:

SBI RD Calculator
HDFC RD Calculator
ICICI RD Calculator
Axis Bank RD Calculator
Kotak RD Calculator
Canara Bank RD
Punjab National Bank RD
Post Office RD (India Post)

Interest rates usually range between 5% to 8.5%.

RD vs FD Calculator – Which is Better?

Our tool also includes a FD (Lumpsum) Calculator mode.

🔸 RD (Recurring Deposit)

Deposit monthly
Ideal for salaried investors
Perfect for long-term savings discipline

🔸 FD (Fixed Deposit)

Deposit once
Suitable for large investments
Good for senior citizens
Higher interest sometimes

Using our combined RD + FD Calculator, you can check which option works better for you.

RD Tenure Options You Can Calculate

The calculator supports RD tenure from 1 year to 20 years.

Common durations:

1 year RD
2 years RD
3 years RD
5 years RD
10 years RD

Each tenure significantly affects total returns.

Who Should Use a Recurring Deposit Calculator?

This calculator is extremely helpful for:

✔ Students saving pocket money
✔ Salaried individuals
✔ Retired people
✔ Small business owners
✔ Housewives building monthly savings
✔ Anyone who wants guaranteed monthly savings

It shows realistic return expectations instead of guessing.

Benefits of Using an RD Calculator Online

✔ 1. Faster Than Manual Calculation
You get results instantly.
✔ 2. Real-Time Adjustment
Change amount, interest rate, or time and see instant results.
✔ 3. Accurate Bank Formula
No math errors—100% accurate calculations.
✔ 4. Visual Chart Breakdown
See the difference between investment and profit clearly.
✔ 5. Helps Plan Financial Goals
Useful for:
Education savings
Marriage funds
Retirement planning
Emergency funds
Short-term goals

FAQs – Recurring Deposit Calculator India

❓ What is a recurring deposit calculator?
A tool that calculates RD maturity, interest earned, and investment summary using compound interest formulas.
❓ Is RD interest calculated monthly or quarterly?
Banks calculate RD interest on a quarterly compounding basis.
❓ Can I calculate Post Office RD with this calculator?
Yes, just enter the Post Office RD interest rate manually.
❓ What is the minimum RD amount?
Most banks start from ₹100 to ₹500 per month.
❓ Does RD give better returns than FD?
In many cases, FD gives slightly higher returns, but RD is ideal for regular monthly saving.
❓ Can senior citizens calculate RD returns?
Yes, if your bank offers senior citizen extra interest, update the interest rate slider.
❓ Does RD have TDS?
Yes, interest earned on RD is taxable.
❓ Is the maturity amount guaranteed?
Yes, RD is a fixed-return investment, and the maturity value is guaranteed.

Conclusion – Use RD Calculator Before Starting an RD Account

A Recurring Deposit Calculator is the simplest way to calculate your final maturity value before you open an RD account. It helps you:

Plan monthly savings
Compare RD and FD
Understand interest growth
Make smart investment decisions

Our RD Calculator Online with scrollable results and real-time chart ensures you get the most accurate and easy-to-understand calculations instantly.

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