RD Calculator
Inputs
RD Calculator
Recurring deposit maturity from monthly deposits.
Primary result
Maturity amount
₹1,28,405
Breakdown
Invested₹1,20,000
Interest earned₹8,405
Formula
M = P × ((1+i)^n − 1) / i
A recurring deposit is modelled as a monthly annuity at rate i = annual/12/100. Bank rounding rules may differ by a few rupees.
Example
₹5,000/month RD for 24 months
FAQ
Why does this differ from my bank app?
Banks may use quarterly compounding conventions. Treat this as a close estimate.
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