Recurring Deposit Calculator

Calculate the maturity value of a recurring deposit from a monthly amount, rate and tenure.

Monthly deposit (₹)

Annual interest rate (%)

Tenure (months)

Recurring deposit

How it works

The formula values each monthly deposit for the remaining months, so a longer tenure earns more interest.
Interest is compounded quarterly, which is how most banks calculate RD interest.
For a single lump-sum deposit use the Fixed Deposit Calculator.