RD Calculator
Calculate your Recurring Deposit (RD) maturity amount and interest earned with bank-standard quarterly compounding.
Maturity Amount
₹3,54,954
Total Deposited
₹3,00,000
Over 60 Months
Interest Earned
+₹54,954
Quarterly Compounding
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How to use Recurring Deposit (RD) Calculator
Enter your monthly deposit amount (e.g., ₹5,000).
Set the duration of your RD in years or months.
Enter the annual interest rate offered by your bank.
View your exact maturity amount and total interest earned instantly.
Why use our Recurring Deposit (RD) Calculator?
Bank-Accurate Formula
Unlike simple interest calculators, this tool uses the exact quarterly compounding formula used by major banks to calculate your RD maturity.
Goal Tracking
Quickly adjust your monthly installment and time period to see how much you need to save every month to reach your financial goal.
100% Secure & Private
All processing happens in your browser. Your files are never uploaded to our servers, guaranteeing absolute privacy and security.
Lightning Fast
Because everything runs locally on your device, processing is instant. No waiting in queues or dealing with slow uploads.
Frequently Asked Questions
How is RD interest calculated ?
banks typically compound Recurring Deposit interest on a quarterly basis. Each monthly deposit earns interest for the remaining quarters until maturity.
Is RD interest taxable?
Yes, the interest earned on an RD is fully taxable under 'Income from Other Sources'. Banks may deduct 10% TDS if your interest income exceeds ₹40,000 per year.
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