Calculate interest and maturity returns on monthly recurring deposits.
Calculator Parameters
Enter details and click calculate to view the results instantly.
Calculation Examples
Scenario Inputs
Output Result
monthly : 1000, rate : 7, quarters : 12
Invested: $36,000, Maturity Value: $40,095.32
About RD Calculator
Recurring Deposit (RD) Calculator. Calculate interest and maturity returns on monthly recurring deposits. Starlightopia provides this tool completely free and online, optimized for instant, accurate computations.
Technical Specifications
CategoryFinance
Target ValueRD Payout Projection
Inputs Required (3)
Monthly Installment ($) (number)
Rate of Interest (%) (number)
Tenure (Quarters) (number)
Frequently Asked Questions
What is a Recurring Deposit (RD)?
An RD is a structured savings product that allows you to deposit a fixed amount monthly and earn a guaranteed interest rate upon maturity.
How frequently does interest compound in an RD account?
Interest on recurring deposit accounts is typically calculated and compounded quarterly by commercial banking entities.
What happens if I miss a monthly RD payment?
Missing a recurring deposit monthly payment may attract a small penalty fee, and repeated missed payments could lead to account closure.
Can I alter the monthly contribution amount of an active RD?
No, the monthly deposit amount is locked in at account opening and cannot be modified mid-term.
How does an RD differ from a mutual fund SIP?
An RD provides guaranteed, risk-free returns, whereas a market-linked SIP offers variable returns based on market performance.