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RD Calculator

Calculate recurring deposit maturity for any monthly amount, rate and tenure — bank method with quarterly compounding, plus a growth table.

Updated 27 September 2026
Free calculator
Bank method
Quarterly compounding
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What you need to know

Enter your monthly instalment, the bank’s RD rate and the tenure in months. Banks and India Post compound RD interest quarterly; each instalment earns interest from the month it is paid until maturity.

RD Calculator

RD maturity ready reckoner

Instalment1 yr @ 6.5%3 yrs @ 6.5%5 yrs @ 6.5%5 yrs @ 7%10 yrs @ 7%
₹1,000 / month₹12,429₹39,824₹70,991₹71,933₹1,73,702
₹2,000 / month₹24,857₹79,649₹1,41,982₹1,43,866₹3,47,403
₹5,000 / month₹62,143₹1,99,122₹3,54,954₹3,59,664₹8,68,509
₹10,000 / month₹1,24,286₹3,98,244₹7,09,908₹7,19,328₹17,37,017
₹25,000 / month₹3,10,716₹9,95,609₹17,74,770₹17,98,320₹43,42,543
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How the calculation works

Maturity = Σ R × (1 + r/400)^(k/3) for k = 1 … n, where R is the instalment, r the annual rate and k the number of months each instalment stays invested. Example: ₹5,000 × 60 months at 6.7% = ₹3,56,830 (matches India Post’s table).

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Frequently asked questions

Why is my bank’s figure slightly different?

Banks may use exact days or monthly compounding for some products; differences are usually a few rupees.

Does the calculator include tax?

No — RD interest is taxable at your slab rate and TDS applies above ₹50,000 (₹1 lakh for seniors) a year per bank.

For information and comparison only. Confirm rates and rules with your bank or post office.