How to use it
- 1.Enter the monthly deposit.
- 2.Use the applicable published RD rate.
- 3.Choose the deposit term.
- 4.Check missed-instalment and premature-closure rules.
Updated
Recurring Deposit Calculator
The RD calculator estimates total deposits, interest and maturity from a monthly deposit, rate and tenure. Change every input and see the estimate update immediately.
Adjust your assumptions
₹
₹0₹10,00,000
%
012
years
140
%
015
Your estimate
₹7,19,328
Estimated value
₹7.19 LYear 5: ₹7.19 L
Amount contributed
₹6,00,000
Estimated growth
₹1,19,328
Today’s purchasing power
₹5,37,524
Educational estimate only. Methodology 2026.08. This is not a return promise, loan offer, tax filing or financial recommendation.
Results are estimates for learning and planning only. Tax rules, interest rates and scheme terms change from time to time, and your actual figures may differ. Please talk to a qualified financial advisor or chartered accountant before making any financial decision.
Recurring Deposit Calculator: what it calculates.
A recurring deposit accepts regular deposits for a fixed term and pays interest according to the institution's rules. It can suit users who prefer a bank deposit schedule rather than a market-linked investment.
The RD calculator estimates total deposits, interest and maturity from a monthly deposit, rate and tenure.
How the calculation works.
Maturity = Σ P × (1 + r/4)^(4 × t), summed over every instalment
- P is the monthly deposit.
- r is the annual interest rate.
- t is the time in years each instalment stays deposited.
- Interest compounds quarterly, as at most Indian banks.
Worked example. A ₹10,000 monthly deposit for 5 years at 7%, compounded quarterly as most Indian banks do, matures at about ₹7.19 lakh. Confirm the exact schedule with the chosen bank.
What it helps with
- Shows total deposits and estimated interest.
- Helps match deposits to a goal date.
- Updates as amount, rate or tenure changes.
What it does not include
- Institution calculation methods vary.
- Tax and penalties are excluded.
- The estimate is not an account quotation.
Common questions.
What is a Recurring Deposit Calculator?
It is an educational tool that applies the disclosed recurring deposit method to the assumptions you enter.
Are the results guaranteed?
No. Results are estimates, not forecasts, approvals, quotations or guarantees.
Why should I change the assumptions?
Testing conservative and optimistic inputs exposes uncertainty instead of hiding it behind one number.
Does it include tax and fees?
Only when a tax or fee is shown as an explicit input or result. Otherwise it is excluded.
How accurate is the calculator?
The mathematics follows the stated methodology, while real outcomes depend on rates, timing, rules, fees and circumstances.
Can I use this result as financial advice?
No. Use it for education and scenario comparison, then verify decisions with official documents or a qualified professional.
Why is inflation shown?
Inflation translates a future amount into approximate present-day purchasing power. The default 6% is editable and is not a forecast.
How often should I recalculate?
Recalculate when rates, income, contributions, rules, goals or repayment terms change.
Can the result differ from a bank or platform?
Yes. Institutions may use different compounding dates, rounding, charges and eligibility rules.
Is my data uploaded?
No. Calculations run locally in your browser and the input values are not sent to a calculation server.