How this calculation works
This calculator uses: Maturity = Σ R × (1 + r/4)^(remaining quarters) — quarterly compounding. Enter your values above to get an immediate result. Results are rounded for readability.
Using the rd calculator
Start by entering values in the units shown. The result updates immediately, and the shareable link preserves your inputs without creating a separate indexable page. Use this as a clear estimate and check important assumptions before relying on it.
Common questions
What is the difference between RD and FD?
In an FD you deposit a lump sum once. In an RD you deposit a fixed amount every month. RD is ideal for salaried individuals who want to build savings regularly from income. FD suits those who already have a lump sum to invest.
Can I miss an RD installment?
Yes, but most banks charge a penalty for missing installments, typically ₹1-2 per ₹100 per month of default. Repeated missed payments may result in the bank closing the RD account.
Is RD better than SIP?
RD gives guaranteed, fixed returns and is the safest option. SIP in equity mutual funds can give higher returns (10-14% historically) but carries market risk. RD is ideal for conservative investors; SIP is better for those with higher risk appetite and longer horizon.
What is the minimum amount for an RD?
Most banks allow RDs with a minimum monthly deposit of ₹100-500. Post Office RDs have a minimum of ₹100/month with a fixed 5-year tenure.