e309 Calculator / RD calculator / How much does a ₹10,000 monthly RD grow to in 5 years at 7%?

How much does a ₹10,000 monthly RD grow to in 5 years at 7%?

A ₹10,000 monthly RD at 7% for 5 years matures to about ₹7,19,328 — ₹1,19,328 in interest on ₹6,00,000 deposited.

7% p.a.
60 months
Deposited: ₹6,00,000 (83%)Interest: ₹1,19,328 (17%)

How this grows over time

₹0₹4L₹8LYr 0Yr 1Yr 3Yr 4Yr 5

What is an RD calculator?

An RD (Recurring Deposit) calculator estimates the maturity value of monthly deposits, using the quarterly-compounding formula that Indian banks apply to RD accounts.

Compounding frequency varies by bank

RD interest is generally compounded quarterly, matching most banks’ convention — but this does vary, so check your RD’s terms and adjust the compounding frequency here if your bank compounds differently.

More about rd calculator

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