What is the maturity value of a ₹7,500 monthly RD for 5 years at 7%?
Based on these numbers, this RD matures to about ₹5,39,496 — ₹89,496 in interest on ₹4,50,000 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.