RD CALCULATOR
"Estimate your Recurring Deposit maturity amount with our free RD Calculator. Calculate investment, interest earned, and total returns easily."
📊 Recurring Deposit (RD) Calculator — Plan Your Savings Growth
Welcome to the Free RD (Recurring Deposit) Calculator on calculator.cl! A Recurring Deposit (RD) is a popular savings option where you deposit a fixed amount every month and earn interest over time. This calculator helps you estimate how much you will accumulate at maturity — fast and accurately — with no login required.
Use it to plan your monthly savings and to see how interest grows over your chosen RD tenure.
🧠 What Is a Recurring Deposit?
A Recurring Deposit (RD) is a financial instrument offered by banks and financial institutions that lets you save a fixed amount every month for a predetermined period and earn interest. It’s ideal for people with regular monthly savings goals who want steady returns.
RDs are valued because they:
Encourage disciplined monthly saving
Offer predictable returns
Have low risk
Help reach specific future goals
📐 RD Calculation Formula
The maturity amount of an RD can be estimated using the compound interest formula for recurring deposits:
Where:
A = Maturity amount
P = Monthly deposit (installment)
r = Annual interest rate (decimal form)
n = Number of compounding periods per year
t = Total tenure in years
This formula factors in monthly contributions and compounding interest to show your total return.
🧮 How It Works
To calculate RD returns:
Enter your monthly deposit amount
Enter the interest rate (%)
Choose the tenure (in months or years)
Click Calculate
The calculator instantly shows:
Total amount invested
Interest earned
Maturity amount
This helps you plan how much you’ll accumulate when your RD matures.
📊 Example Calculation
Suppose:
Monthly deposit: ₹5,000
Annual interest rate: 7%
Tenure: 3 years
The RD calculator applies the formula and shows:
Total investment
Interest earned
Final maturity amount
📌 This helps you plan your savings and goals.
📍 Why It Matters
A Recurring Deposit Calculator helps you:
Plan future savings goals
Compare different interest rates and tenures
Choose the right plan for your financial needs
Estimate returns without manual math
Whether you’re saving for a vacation, emergency fund, or education, this tool gives clarity to your RD planning.
💡 Tips for Best Use
Use current interest rates offered by banks
Try different tenures to see how maturity changes
Increase monthly deposit gradually for higher returns
Compare RD with other instruments if needed
⚠️ Important Notes
Interest rates may vary by bank and region
Taxes on interest are not included
Premature withdrawal rules differ by bank
Calculations are estimates — actual payouts may vary
📝 Final Thoughts
The RD Calculator on calculator.cl is a simple and quick way to estimate returns from a recurring deposit. Use it to reach your savings goals with confidence and clarity 📈