RD Calculator (Recurring Deposit)
Recurring Deposit (RD) Calculator
Calculate the maturity amount of your monthly RD savings.
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What is a Recurring Deposit?
A Recurring Deposit (RD) is a special kind of term deposit offered by banks which help people with regular incomes to deposit a fixed amount every month into their recurring deposit account and earn interest at the rate applicable to Fixed Deposits.
Our RD calculator accurately computes your wealth using the standard banking formula (quarterly compounding for monthly deposits) ensuring you know exactly how much your savings will grow.