Banking
RD Calculator
Recurring deposit maturity, compounded quarterly.
How to use this
A recurring deposit is like an FD you build monthly — good for saving from regular income. Because instalments trickle in, an RD earns a little less than an FD of the same total; compare both here.
Maturity value
₹3.6L
Invested₹3L
Interest₹59.66K
₹5,000/month for 60 months at 7% (compounded quarterly) matures to ₹3,59,664.
Year-by-year breakdown
Your recurring deposit growing each year
| Year | Invested | Value | Interest |
|---|---|---|---|
| 1 | ₹60,000 | ₹62,311 | ₹2,311 |
| 2 | ₹1,20,000 | ₹1,29,099 | ₹9,099 |
| 3 | ₹1,80,000 | ₹2,00,686 | ₹20,686 |
| 4 | ₹2,40,000 | ₹2,77,418 | ₹37,418 |
| 5 | ₹3,00,000 | ₹3,59,664 | ₹59,664 |
Partner offer
Open a high-rate recurring deposit
Compare RD rates across banks.
Know the scheme: Recurring Deposit (RD)
| Interest rate | Bank-set, close to the bank’s FD rates; Post Office RD pays 6.7% |
| Tenure | 6 months to 10 years (Post Office RD: 5 years) |
| Deposit | Fixed monthly instalment, from as little as ₹100 |
| Compounding | Quarterly |
| Tax | No 80C benefit; interest taxable at your slab |
Key rules
- Missed instalments attract a small default fee; many banks allow advance deposits.
- An RD builds saving discipline — pay yourself first on salary day via standing instruction.
- Premature closure is allowed with a rate penalty, similar to FDs.
Frequently asked
Is the RD Calculator free to use?
Yes — every Arthly calculator is free, with no sign-up or app install required.
How accurate is the RD Calculator?
It uses standard financial formulas and current FY 2025-26 rates. Results are estimates to help you plan, not personalised financial advice — confirm details with your bank, fund or the relevant department.