RD Calculator
Use this rd calculator to estimate recurring deposit maturity. Enter monthly deposit, interest rate, term and compounding details and review estimated deposits, interest and maturity value.
Amounts in your own currency. Quarterly compounding approximation; interest is taxable.
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How it works
Each instalment compounds for its remaining quarters at r/4How to use the RD Calculator
Start by entering monthly deposit, interest rate, term and compounding details. Keep the units consistent and check that each value belongs to the same question.
The result gives estimated deposits, interest and maturity value. The institution may use its own interest and rounding rules. Use it as a guide and check any instructions, rules or professional advice that apply.