Estimate how much your monthly recurring deposit will be worth at maturity.
₹3,00,000
₹55,284
₹3,55,284
A Recurring Deposit (RD) lets you invest a fixed amount every month with a bank, earning a fixed interest rate for a set tenure — a disciplined way to build savings without needing a lump sum upfront.
This calculator estimates your RD maturity value using monthly compounding. Note that most Indian banks actually compound RD interest quarterly, so your real payout may differ slightly from this estimate — always confirm the exact figure with your bank.
Yes, RD interest is fully taxable at your income tax slab rate, same as FD interest.
Most banks charge a small penalty for missed installments; check your specific RD's terms.
RDs are commonly offered for tenures between 6 months and 10 years.