RD calculator

Recurring deposit maturity with quarterly compounding.

Maturity value

₹3,54,954

₹3.55 lakh

Invested amount: ₹3,00,000
Est. returns: ₹54,954

An RD builds the saving habit with a guaranteed rate. Over long periods, a SIP in a debt or hybrid fund can be more tax-efficient, but an RD is simpler and carries no market risk.

Invested amount₹3,00,000
Est. returns₹54,954

How it grows, year by year

InvestedReturns

What this calculates

A recurring deposit lets you deposit a fixed amount every month at a fixed rate. Each instalment earns quarterly-compounded interest for the time it stays in the account.

How it's calculated

A = Σ P × (1 + R/4)^(4 × tₖ), where tₖ is the time instalment k stays invested, in years

Results are illustrations based on the inputs you choose. Returns are not guaranteed and actual outcomes will vary. This is education, not advice.

Questions about this tool

An RD is guaranteed and simple; a debt fund SIP can be more tax-efficient for longer periods; an equity SIP suits long-term goals.

RD calculator

What this calculates

How it's calculated

Questions about this tool

RD or SIP?

RD calculator

What this calculates

How it's calculated

Questions about this tool

RD or SIP?