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Free RD Calculator 2025 - Recurring Deposit Calculator
Compute Recurring Deposit maturity value and interest earned. Adjust monthly deposit, rate and tenure; compare compounding frequencies.
RD Calculator - Inputs
₹5,000
7.5%
24 Months
Results
Total deposits
Interest earned
Maturity amount:₹1,29,034
Total deposits:₹1,20,000
Interest earned:₹9,034
Effective rate:3.76% p.a.
RD Formula Explained
Future value of regular monthly deposits with compounding.
Formula
FV = P × [((1 + i)^m − 1) / i]
- P = Periodic deposit (aligned with compounding)
- i = Periodic interest rate (R/n)
- m = Total number of periods (n × years)
Tip
Monthly compounding closely matches most bank RDs. For banks with quarterly compounding, switch frequency to quarterly.