RD Calculator
Maturity value of a monthly recurring deposit.
How the RD Calculator works
A Recurring Deposit (RD) lets you deposit a fixed sum every month. Banks typically compound RD interest quarterly; this calculator follows that convention.
RD Calculator formula
M = Σ R × (1 + r/4)^(months remaining ÷ 3)
Results are estimates for illustration only and not financial advice.
How to use the RD Calculator
- Enter your monthly deposit amount.
- Enter the interest rate and the tenure.
- See the maturity value and the interest earned on your recurring deposit.
RD Calculator: FAQs
Is the RD Calculator free to use?
Yes. The RD Calculator on IPO Darbaar is free, needs no sign-up and works on mobile and desktop.
Is my data saved anywhere?
No. All calculations run in your browser; the numbers you enter are not sent to or stored on our servers.