RD Calculator: Recurring Deposit Maturity Value
Find the maturity value of a monthly recurring deposit at a bank or post office.
Year-by-year table
How RD interest works
In a recurring deposit you pay a fixed amount every month and each instalment earns interest, compounded quarterly, until maturity. The first instalment earns for the whole period, the last for just one month.
Good to know
- Post office RDs run for 5 years; bank RDs from 6 months to 10 years.
- Missing an instalment usually means a small penalty.
- Interest is taxable at your slab rate, and TDS applies like an FD.
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This is an estimate for planning only, not financial, tax or medical advice.