RD Calculator
Recurring deposit maturity, the bank way.
₹500₹1,00,000
3%10%
1 yr10 yr
Maturity amount
₹2 L
Total deposited₹1,80,000
Interest earned₹20,059
Deposited90%
Interest10%
Uses quarterly compounding on each instalment — the method Indian banks follow for RDs.
RD vs SIP — which builds the habit better?
Both invest monthly. An RD gives a guaranteed, slab-taxed return of ~6–7.5%; an equity SIP targets higher but fluctuating returns. RDs suit goals under 3 years where capital must not shrink; SIPs suit longer horizons.
Frequently asked questions
What happens if I miss an RD instalment?
Banks charge a small penalty (often ₹1–2 per ₹100 per month delayed) and may close RDs after repeated misses. Choose an amount you can sustain every single month.
Related calculators
Numbers look good? Let's make them real.
Get matched to the right lender at the best rate your profile deserves — free, with a QCred advisor on your side.
Apply Now — It's Free