Savings & deposits
RD Calculator
Recurring deposit maturity, compounded correctly.
Your figures
Maturity amount
₹7,19,328
- Total deposited
- ₹6,00,000
- Interest earned
- ₹1,19,328
Deposits vs interest
- Deposited₹6 L
- Interest₹1.19 L
How this is calculated
Maturity = Σ [ instalment × (1 + r ÷ 4)^(months remaining ÷ 3) ]
A recurring deposit takes a monthly instalment but compounds quarterly, so each instalment earns for a different fraction of a quarter. Calculators that reuse the SIP formula here overstate the maturity.
Assumptions used
Any figure you enter overrides the assumption above for your calculation.
Educational calculation, not personal advice
This calculator is provided for education and illustration. It applies the assumptions shown to the figures you entered; it does not take account of your circumstances, goals, tax position or risk tolerance, and it is not a personal recommendation. Projections are not forecasts, and no return is guaranteed. Investment values can fall as well as rise. Speak to a qualified adviser before acting on anything here.
Want this checked against your actual position?
A calculator works with the numbers you give it. A planner works with the ones you have — including the tax, protection and liquidity questions this tool does not ask.
Book a consultation