Free Tool
Recurring Deposit Calculator
Calculate your Recurring Deposit (RD) maturity amount with compound interest. Plan your monthly savings goals effectively.
Enter RD Details
Common tenures: 6, 12, 24, 36, 60 months
Current RD rates: 6.5% - 7.5%
Enter monthly deposit to calculate RD returns
About Recurring Deposits
- Interest Rate: 6.5% - 7.5% p.a. (compounded quarterly)
- Minimum Deposit: ₹100/month (varies by bank)
- Tax: Interest is taxable as per income tax slab
- Premature Withdrawal: Usually allowed with 1-2% penalty
Disclaimer: This calculator provides estimates based on current tax laws and should be used for reference only. Actual tax liability may vary based on individual circumstances. Please consult a qualified CA or tax professional for accurate tax advice.