RD Calculator
Use our RD Calculator to enter your investment details and calculate the maturity amount and interest earnings. This RD Calculator provides accurate results for smart investment planning.
Investment Growth
Investment Details
What is a Recurring Deposit?
A Recurring Deposit (RD) is a special type of bank deposit where you invest a fixed amount regularly for a predetermined period and earn guaranteed returns. Use our RD Calculator to plan your RD investments effectively.
How RD Works
Choose Your Amount
Decide how much you want to invest monthly (minimum ₹500)
Select Tenure
Pick your investment period from 6 months to 10 years
Regular Deposits
Make fixed monthly deposits and earn quarterly compounded interest
Get Maturity Amount
Receive your principal plus interest at the end of tenure
Key Benefits
Why Choose RD Investment?
Discover the advantages that make Recurring Deposits an ideal choice for your financial goals. Our RD Calculator helps you evaluate these benefits with precise calculations.
Safe & Secure
Government-backed security ensures your money is completely safe with guaranteed returns
Steady Growth
Enjoy consistent returns with quarterly compounding that grows your wealth over time
Flexible Tenure
Choose investment periods from 6 months to 10 years based on your financial goals
Disciplined Saving
Build a strong saving habit with regular monthly deposits and automatic transfers
Low Investment
Start with as low as ₹500 per month and build substantial wealth over time
Loan Facility
Get loans up to 90% of your RD value for emergency financial needs
Who Can Use This RD Calculator?
Our RD Calculator is designed for everyone who wants to plan their financial future. Whether you're a beginner or expert, this RD Calculator makes investment planning simple and effective.
Students & Young Professionals
Perfect RD Calculator for students and young professionals starting their investment journey. Use our RD Calculator to build a disciplined saving habit early in life.
Working Parents
Ideal RD Calculator for working parents planning their children's education and future expenses. This RD Calculator helps create systematic savings plans for family goals.
Business Owners
Essential RD Calculator for business owners looking to diversify their investment portfolio. Use our RD Calculator to plan safe, guaranteed returns alongside business investments.
Homemakers
Perfect RD Calculator for homemakers managing household finances. This RD Calculator enables smart savings planning even with small monthly amounts.
Pre-Retirement Planning
Valuable RD Calculator for individuals nearing retirement who want safe investment options. Our RD Calculator helps plan secure income sources for retirement years.
Financial Advisors
Professional RD Calculator tool for financial advisors and planners. Use this RD Calculator to demonstrate RD benefits to clients and create customized investment strategies.
Why Choose Our RD Calculator?
Free RD Calculator
Our RD Calculator is completely free to use with no hidden charges or registration required.
Accurate RD Calculator
This RD Calculator uses standard banking formulas to provide precise calculations you can trust.
User-Friendly RD Calculator
Our RD Calculator features an intuitive interface that anyone can use, regardless of technical expertise.
Mobile RD Calculator
Access our RD Calculator from any device - desktop, tablet, or mobile phone for convenience.
Instant RD Calculator Results
Get immediate results with our fast RD Calculator - no waiting or processing delays.
Visual RD Calculator Charts
Our RD Calculator includes interactive charts and graphs for better understanding of your investment growth.
What Our Users Say
Real experiences from people who have used our RD Calculator to plan their investments. See how our RD Calculator has helped thousands achieve their financial goals.
Rajesh Kumar
"This RD Calculator helped me plan my daughter's education fund perfectly. The accurate RD Calculator calculations gave me confidence in my investment decisions."
Priya Sharma
"Easy to use RD Calculator interface with instant results. I used this RD Calculator to compare different scenarios and found the best investment plan for my retirement."
Amit Patel
"The RD Calculator visual charts made it so easy to understand how my money would grow. Started my RD immediately after using this RD Calculator tool."
Sunita Singh
"As a working mother, this RD Calculator helped me plan for my child's future expenses. The RD Calculator's detailed breakdown is very helpful."
Vikram Gupta
"Great RD Calculator tool for financial planning. This RD Calculator is accurate and the results match exactly with my bank's calculations."
Meera Joshi
"Simple, clean RD Calculator interface with powerful calculations. This RD Calculator helped me understand the power of compound interest in RD investments."
Frequently Asked Questions
Find answers to common questions about Recurring Deposits and our RD Calculator. Get expert insights about using our RD Calculator effectively.
Most banks allow you to start an RD with as low as ₹500 per month. However, this may vary between different banks and financial institutions. Some banks may have higher minimum requirements.
Interest on RD is calculated using compound interest formula and is typically compounded quarterly. The interest rate is fixed at the time of opening the account and remains constant throughout the tenure.
Yes, you can close your RD before maturity, but this usually attracts a penalty. The penalty varies between banks and is typically a reduction in interest rate. It's advisable to check your bank's terms before making premature withdrawals.
Yes, interest earned on RD is taxable under "Income from Other Sources." If the interest exceeds ₹40,000 in a financial year (₹50,000 for senior citizens), TDS is deducted at 10%.
If you miss a monthly installment, most banks charge a penalty. Some banks may discontinue the RD if you miss a certain number of consecutive installments. It's important to maintain regular deposits for the full benefit of the scheme.
Yes, most banks offer loans against RD up to 90% of the accumulated amount. The interest rate on such loans is typically 1-2% higher than the RD interest rate. This provides liquidity without breaking your RD.
Our RD Calculator uses the standard compound interest formula used by banks and provides highly accurate results. This RD Calculator is designed to match bank calculations precisely. However, actual returns may vary slightly due to factors like exact number of days, bank-specific calculation methods, and applicable taxes.
Both RD and FD have their advantages. RD is better for disciplined savings with smaller monthly amounts and helps build a savings habit. FD is suitable for lump sum investments and often offers slightly higher interest rates. RD provides flexibility with monthly deposits while FD requires a one-time investment. Choose RD for systematic savings and FD for investing surplus funds.