Finance Calculators
Recurring Deposit (RD) Calculator
Return Analysis
Your maturity amount will be ₹58,08,477
Year-wise Investment Growth
| Year | Yearly Investment (A) | Cumulative total Investment (B) | Cumulative total return (C) | Growth (C/B) |
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Learn more about Recurring Deposit (RD) Calculator
The RD Calculator helps you determine how much your recurring monthly deposits will grow by the end of the deposit period. Recurring deposits are popular for people who want to save a fixed amount monthly and earn a guaranteed return with the power of compounding. This calculator is a simple way to estimate the total maturity value based on your monthly contributions and interest rate.
You input your monthly deposit amount, the interest rate offered by the bank, and the duration of the RD. The calculator uses the RD formula, factoring in monthly compounding, to calculate the maturity amount. It shows how your regular savings, combined with interest earned over time, will grow into a larger sum.
If you save ₹2,000 every month for 2 years at an interest rate of 6% per annum, the calculator will show that your investment will grow to approximately ₹50,292. The total interest earned over the period will be around ₹2,292.