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Calculate what a Recurring Deposit will be worth on maturity. Set a monthly amount, rate, and tenure — see the breakdown instantly.
Each month deposits into the same RD account, building up over the tenure.
A Recurring Deposit accepts a fixed monthly installment over a defined tenure. Each installment compounds for the remaining time until maturity.
A fixed amount auto-debits every month. Most banks accept ₹100/month minimum.
monthly = 5000 // 60 installments × 5000 = 3L
Each deposit earns interest for the remaining months until maturity. Earlier deposits earn more.
for i in 1..n: fv += M × (1+r)^(n−i)
Total maturity = sum of all compounded installments at the end of tenure.
maturity = Σ installments
// invested + interestFV = Σ M × (1 + r/n)^(remaining months / 12)M = monthly amount, r = annual rate, n = compoundings per year (typically quarterly for banks)Recurring deposit norms for Indian banks.
Government-backed 5-year RD with guaranteed rates.
Bank RD comparison and rate aggregator.
TDS on RD interest and Form 15G/H exemptions.
Compound formula for periodic deposits.
Aggregator showing best RD rates across major banks.
Superworks helps you set up structured savings, EPF, and benefits programs for your entire team — with auto-deductions and full compliance.
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