Systematic Savings
Recurring Deposit (RD) Calculator
Recurring Deposits combine the safety of fixed income with disciplined monthly deposits. Calculate your cumulative maturity corpus and interest returns across Indian commercial banks or India Post.
Monthly RD Parameters Real-Time
e.g. 36 Months (3 Years). Minimum tenure in Indian banks is 6 months.
Maturity Summary
Estimated Maturity Corpus
₹ 2,00,049
Total Monthly Deposits:
₹ 1,80,000
Total Interest Earned:
₹ 20,049
How Bank RD Interest is Compounded
In accordance with Indian banking norms, interest on recurring deposits is compounded on a quarterly basis. Each monthly installment earns interest for the remaining tenure, compounding every 3 months.