Recurring Deposit Calculator
Calculate your Recurring Deposit maturity amount with accurate projections based on current interest rates.
RD Details
Current RD rates range from 6.5% to 7.5% for general public
More frequent compounding = Higher returns
Calculation Results
About Recurring Deposits
What is a Recurring Deposit?
A Recurring Deposit (RD) is a special term deposit offered by banks that helps people with regular incomes to deposit a fixed amount every month and earn interest at the applicable rate.
Key Benefits
- • Fixed returns with capital protection
- • Higher interest rates than savings accounts
- • Encourages regular savings habit
- • Flexible tenure from 6 months to 10 years
