RD Calculator
Calculate your recurring deposit (RD) maturity amount and interest. Free RD calculator with quarterly compounding. Plan your savings with Consulting Cart.
About the RD Calculator
A recurring deposit lets you save a fixed amount every month and earn FD-like interest. Our RD calculator shows your maturity value and total interest at the end of the term.
RDs are great for building a disciplined savings habit — and Consulting Cart can help you decide between an RD and a debt-fund SIP.
How to use this calculator
- Enter your monthly deposit, interest rate and tenure.
- See your maturity value, total deposited and interest earned.
- Compare with an SIP for potentially higher long-term returns.
Formula used
R = monthly deposit, i = annual rate, t_k = years each deposit stays invested
RD Calculator — FAQs
Each monthly deposit earns interest (usually compounded quarterly) for its remaining tenure. The calculator sums all deposits with their interest.
Yes, RD interest is taxable at your slab rate, and TDS rules similar to FDs apply.
RDs give fixed, safe returns; SIPs in mutual funds are market-linked with higher long-term potential. We help you choose based on your goal and risk comfort.
From numbers to a real plan.
You've seen the math. Now let a Consulting Cart expert in Mumbai help you act on it — free consultation.