Recurring Deposit (RD) Calculator
Input Details
₹
₹ 500
₹ 25,000
₹ 50,000
₹ 75,000
₹ 10,00,000
%
3%
5%
7%
9%
11%
12%
1 Year
2 Years
3 Years
5 Years
7 Years
10 Years
Standard for Indian banks & India Post: Quarterly Compounding
RD Practice: Commercial banks and post offices in India compound interest on Recurring Deposits on a quarterly basis. It offers a disciplined, guaranteed way to build a contingency or short-term corpus.
Total Maturity Value
₹ 7,16,104
Final Balance
Total
₹ 7.16 L
Total Principal Deposited
₹ 6,00,000
(83.8%)
Total Interest Earned
₹ 1,16,104
(16.2%)
Total Maturity Amount
₹ 7,16,104
Year-on-Year Recurring Deposit Growth Chart
Trajectory of deposited principal, accrued compound interest, and total balance
Principal Deposited
Accrued Interest
Total Balance
RD Maturity Schedule
Click on any year to expand or collapse monthly installment details, interest, and balances.
| Year / Month | Opening Balance | Deposits Made | Interest Earned | Closing Balance | Growth Rate % |
|---|
Key Assumptions
- Calculated using quarterly compounding frequency in accordance with Indian banking and India Post norms.
- Missing monthly installments may lead to penalty charges by banks, which can reduce overall maturity proceeds.
- TDS applies if total annual interest across bank deposits exceeds ₹40,000 (₹50,000 for senior citizens).