Investment Intelligence

RD Calculator — Calculate Your Recurring Deposit Returns

Calculate your recurring deposit maturity value and interest earned using the standard quarterly-compounding formula Indian banks use.

Calculate My RD Returns
Uses the exact quarterly-compounding formula Indian banks apply to RDs
Shows total deposited, interest earned, and maturity value separately
Works for any monthly deposit amount and tenure up to 10 years
Covers RD interest taxability

How it's calculated

1
Enter your monthly deposit amount
Input how much you plan to deposit each month into the recurring deposit.
2
Enter the interest rate and tenure
Add your bank's quoted RD interest rate and how many years you'll continue depositing.
3
We apply quarterly compounding
Interest is compounded quarterly on each monthly deposit, using the standard formula Indian banks use for RDs.
4
See your maturity value
Get your total deposited amount, interest earned, and final maturity value at the end of your tenure.

Benchmarks we use

Quarterly
Standard RD compounding frequency
Most Indian banks compound recurring deposit interest quarterly, same as fixed deposits.
Fully taxable
RD interest tax treatment
Like FD interest, RD interest is fully taxable at your applicable income tax slab rate.

Frequently Asked Questions

How is RD interest calculated?
RD interest is calculated using quarterly compounding applied to each monthly deposit, since each deposit earns interest for a different length of time until maturity.
Is RD interest taxable?
Yes, RD interest is fully taxable at your income tax slab rate, same as fixed deposit interest, and added to your total income.
What happens if I miss a monthly deposit?
Most banks charge a small penalty for missed RD installments. Some banks allow a limited number of missed payments before closing the account — check your bank's specific terms.
Can I withdraw my RD before maturity?
Premature withdrawal is usually allowed but typically comes with a lower interest rate than the contracted rate, similar to FD premature withdrawal rules.

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