How Recurring Deposit (RD) Calculator Works
Enter monthly deposit amount, interest rate, and tenure. Each installment earns interest compounded quarterly.
Frequently Asked Questions
What is a recurring deposit?
RD is a term deposit where you invest a fixed amount every month for a fixed tenure.
What is the minimum RD tenure?
Most banks offer RD for a minimum of 6 months to 10 years.
Disclaimer
- This calculator gives you an estimate only. It is not a promise of exact results.
- This is general information, not personal financial, tax, or legal advice.
- You are responsible for your own decisions. Talk to a qualified professional when it matters.
- Banks set their own deposit rates and terms. Check with your provider.