Recurring Deposit Calculator

Recurring Deposit Amount

Term of deposit, in months

    Recurring Deposit Interest

Deposit Amount: Rs. 0

Interest Rate: 0

Terms of deposit: 0

Total Interest Earned: Rs. 0

Total plus interest: Rs. 0



Recurring deposit (RD) is an investment opportunity that banks and financial institutions in India have to sell. This is one of the low-risk strategies that give better returns than the investment plan and incorporates adjustable tenure choices.

Recurring Deposit, or more generally referred to as RD, is a financial investment option that operates like an FD but has relatively large flexibilities. By repeating it implies something that occurs frequently over a period of time. Investing in an RD, therefore, ensures creditors may choose to invest in increments instead of depositing a lump sum.

It is crucial to realize when narrowing down the RD to go for, the mix of maturity, interest rate, and deposit tenure would contribute to better returns. On this page, the RD Calculator targets precisely this.

There are three fields to be filled out to assess the potential earnings while you invest in a revolving deposit, viz.:

  1. Monthly Deposit Amount : The amount that is to be deposited each month
  1. Rate of Interest: The respective supplier shall provide the interest
  1. Deposit Tenure: Duration for which deposits are to be made

Steps to Use the RD Calculator

Follow the instructions mentioned here to sail easily through the process of calculation:

  1. Type in the first area the monthly deposit number by either entering the sum in the given box or simply changing the slider.
  2. Next, put the interest rate in. Using the slider to change the value or move directly into the provided space.
  3. The last step involves giving the tenure of the deposit and this can also be done and use the slider or typing in the space provided.
  4. If all the figures are in position, the consumer may check the blue box adjacent to the calculator which shall reflect the maturity number.

Most banks providing recurring deposits accumulate interest quarterly. Banks use the following method for measuring RD interest in India or RD maturity value:

(The RD maturity value; quarterly compounding based)

M =R [(1+i) n – 1]/1-(1+i) (-1/3)


M = Maturity value of the RD

R = Instalment to be paid of Monthly RD

n = Number of quarters (tenure)

i = Rate of Interest / 400

Instead than needing to manually perform this estimate, consumers can simply use the Paisaexpo recurring deposit calculator. Investing in an RD is a better shift for those who don't want to invest everything at once but in regular instalments while at the same time earning higher returns. Therefore we urge clients to use the Paisaexpo RD Calculator to narrow down the right mix with a target of achieving greater returns. This shall give customers a head start before finally going in to pool their money.


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