RD Calculator
Estimate your recurring deposit's maturity value and interest earned — instantly.
A Recurring Deposit lets you build savings with fixed monthly contributions instead of one lump sum. Lilu Baba's RD Calculator simulates each monthly deposit with quarterly compounding — the same method most Indian banks use to calculate RD maturity payouts.
How to use this calculator
- Enter how much you'll deposit every month.
- Set the interest rate your bank offers.
- Choose the tenure — interest is compounded quarterly, matching how most Indian banks calculate RD payouts.
Maturity Value
₹0
Total Deposited
₹0
Interest Earned
₹0
FAQ
RD Calculator — frequently asked questions
RD interest is calculated on a growing balance as you make monthly deposits, while FD interest is calculated on the full principal from day one.
Most banks allow premature withdrawal, usually with a penalty on the interest rate. Check your specific RD terms.