SimpleCalculators

RD Calculator

Calculate the maturity amount of your recurring deposit.

%
months

Estimated Maturity Amount

₹ 1,99,867

How Recurring Deposits Work

A recurring deposit involves investing a fixed amount every month.

Each deposit earns interest for a different duration.

RDs are suitable for disciplined and low-risk savers.

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Frequently Asked Questions

Who should invest in RD?

RD is ideal for individuals who want to save regularly with disciplined monthly deposits.

Does RD compound monthly?

Yes. RD interest is usually compounded quarterly or monthly depending on the bank.

Is RD a safe investment?

Yes. RDs are considered low-risk investments when made with banks.