What if I start a ₹4,000 monthly RD for a 4-year goal?
Based on these numbers, this RD matures to about ₹2,20,775 — ₹28,775 in interest on ₹1,92,000 deposited.
How this grows over time
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.