RD Calculator
A Recurring Deposit (RD) allows disciplined monthly savings into a fixed-rate bank or post office deposit.
Input Calculation Parameters
₹
%
Years
Calculation Results
Total Amount Deposited
0
Total Interest Earned
0
Maturity Payout Value
0
How the Calculation Works
Calculates quarterly compounding interest on monthly installment blocks.
Worked Example
Here is a step-by-step example calculation for ₹10,000 Monthly RD @ 7% p.a. for 3 Years:
| Parameter | Value |
|---|---|
| Deposited | ₹3,60,000 |
| Interest | ₹41,235 |
| Maturity | ₹4,01,235 |
Scenario Analysis
Comparing different tenures, interest rates, or investment horizons:
| Scenario Label | Key Metric |
|---|---|
| 3 Years | Deposited: ₹3.6 Lakh, Maturity: ₹4.01 Lakh |
Common Mistakes to Avoid
- Missing monthly RD payment dates which triggers penalty fees.
Frequently Asked Questions (FAQs)
Is post office RD rate fixed?
Yes, Post Office RD interest rates are fixed per quarter by the Ministry of Finance.
Authoritative Sources & Regulatory References
Author: SmartPaisa Financial Research Team
Reviewer: Reviewed by Financial Engineering Team
Last Reviewed: 2026-08-17
Financial Disclaimer: This calculator provides estimates for educational purposes only based on standard mathematical formulas and current Indian regulatory guidelines. Actual returns, taxes, or EMI payments may vary depending on bank policies, market volatility, or individual tax brackets. Consult a SEBI-registered investment advisor or Chartered Accountant (CA) before making financial decisions.
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