RD Calculator
Calculate Recurring Deposit maturity amount with quarterly compounding. Plan your monthly savings.
Last updated: Jan 2025Up to date
What is Recurring Deposit?
Recurring Deposit (RD) is a savings scheme where you deposit a fixed amount every month for a predetermined period. Interest is compounded quarterly, similar to FD.
RD Interest Formula
A = P × [(1+r/n)^(nt) - 1] / (1-(1+r/n)^(-1/3))
Benefits of RD
- Builds saving discipline with monthly deposits
- Guaranteed returns like Fixed Deposit
- Start with as low as ₹100/month