RD Calculator India

Compare recurring deposit scenarios: fixed monthly instalment, annual interest rate, and tenure. We use a simplified quarterly compounding model on the running balance (similar in spirit to common online RD calculators). Two default columns; up to four. See invested amount, estimated returns, total value, invested vs gains, and year-by-year corpus. Free; shareable link and PDF.

Disciplined saving

RDs help lock in a monthly savings habit. Comparing scenarios shows how stepping up the instalment or extending tenure changes maturity.

vs fixed deposit

FDs use a lump sum; RDs use repeated monthly deposits. Use our FD calculator when you have a single principal to park.

Limitations

No TDS, leap-year quirks, or bank-specific cut-off rules. Not investment advice.

Frequently Asked Questions

We use a simplified model: each month the instalment is added to the balance, and every three months the balance grows by rate/4 (quarterly compounding). Banks may use different posting calendars and rules; results are illustrative.

No. TDS on RD interest depends on the bank and your tax profile. Net returns may be lower than shown.

Yes. Two scenarios load by default; add up to four columns for different monthly amounts, rates, or tenure.

RDs are bank deposits with a stated interest rate (subject to bank terms). Mutual fund SIPs are market-linked. Use our SIP calculator for market-return assumptions and this RD calculator for deposit-style projections.