Investment Calculators
RD Calculator
Work out how a fixed monthly deposit grows into a maturity amount, with interest compounded quarterly as per standard banking convention.
Your deposit details
Maturity Amount
₹0After 5 years
Total Deposited
₹0Interest Earned
₹0Growth over time
How your monthly deposits accumulate toward maturity
How the RD calculator works
A Recurring Deposit (RD) lets you build savings through fixed monthly instalments over a chosen tenure, earning a guaranteed interest rate similar to a fixed deposit. It suits investors who want to save consistently without a large lump sum upfront.
How interest is calculated
Indian banks typically compound RD interest quarterly. Each monthly instalment earns interest only for its own remaining tenure — the first instalment earns interest for the full period, while the last instalment earns interest for barely any time at all. This calculator applies that same convention.
RD vs. SIP
An RD offers a fixed, guaranteed return and is backed by deposit insurance up to the prescribed limit, making it very low-risk. A SIP into a mutual fund carries market risk but has historically offered higher long-term returns. The right choice depends on your risk tolerance and how the money will be used.
Frequently asked questions
Each monthly deposit earns compound interest — typically compounded quarterly — for the remaining period until maturity. Because earlier deposits stay invested longer, they accumulate proportionally more interest than deposits made near the end of the tenure.
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Building a savings habit?
A Premier Capital advisor can help you decide whether an RD, SIP, or a mix of both fits your goals and risk comfort best.
