RD Calculator
Calculate the maturity amount of your Recurring Deposit. Enter monthly deposit, interest rate, and tenure.
Maturity Amount
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How RD Works
A Recurring Deposit allows you to invest a fixed amount every month for a predetermined period. Interest is usually compounded quarterly on RD deposits.
M = P × n(n+1) × r / (2 × 12 × 100) + P × n
P=Monthly deposit, n=Months, r=Annual rate
P=Monthly deposit, n=Months, r=Annual rate