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Recurring Deposit (RD) Calculator

Find the maturity value of your recurring deposit and interest earned.

Last updated: 8 Aug 2026

Quick answer

A recurring deposit matures to the future value of your monthly deposits: FV = D·(((1+i)^n − 1)/i). For example, ₹5,000 a month at 7% for 5 years grows to about ₹3,58,000 (roughly ₹58,000 interest on ₹3,00,000 deposited). Enter your figures above for an instant maturity value.

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% p.a.
years

A recurring deposit (RD) lets you invest a fixed amount every month and earn compound interest. This calculator estimates your maturity value and total interest from your monthly deposit, rate and tenure.

How to calculate RD maturity

  1. 1 Enter your fixed monthly deposit.
  2. 2 Enter the interest rate and tenure in years.
  3. 3 We compute the future value of your monthly deposits.
  4. 4 See your maturity amount, total deposited and interest earned.

Frequently asked questions

How is RD maturity calculated?
It is the future value of a monthly annuity: FV = D·(((1+i)^n − 1)/i), where D is the monthly deposit, i the monthly rate and n the number of months.
Is RD interest taxable?
Yes, RD interest is taxable per your income slab and TDS may apply if it crosses the annual threshold.
Can I withdraw an RD early?
Premature closure is usually allowed with a small penalty on the interest rate.

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