RD Calculator

The RD Calculator on Calcify helps you find the maturity amount of a Recurring Deposit by using your fixed monthly deposit, your bank’s interest rate, and the deposit period. RD is useful if you want steady, guaranteed returns without market ups and downs. rather than putting in a big lump sum, you can deposit a smaller amount every month, and the calculator shows how much you’ll receive in return at the end of the RD term. This is easy for short-term and medium-term savings goals like school fees, insurance premiums, or festival expenses and any other personal goal.

If you deposit ₹3,000 each month, say, in an RD for 24 months at the rate the bank offers, the RD calculator will calculate your payout at maturity including interest. You can also change the amount to see what will happen if you were to save a little more each month. Use the RD Calculator to compare RDs at various banks and more importantly, to help you create a plan for monthly saving that is consistent and to meet various goals, without wondering. Once you work out your RD, have a look at the other fixed income and savings tools on Calcify.