Fixed Income
RD Calculator
Estimate the maturity value of a recurring deposit.
₹
₹500₹2 L
%
2%12%
yrs
1 Year10 Years
Maturity value₹3,59,664
Total deposited₹3,00,000
Interest earned₹59,664
Deposited (83%) Interest (17%)
Year-by-year projection
DepositedInterest
Year
Illustrative projection only
Results assume constant rates and are not guaranteed. Bonds, corporate fixed deposits, and other debt instruments are subject to issuer credit risk, interest rate fluctuations, and liquidity risk. Ratings represent the opinion of the rating agency and do not guarantee future performance. Read the information memorandum and offering documents carefully before investing.
How this is calculated
- Each monthly instalment earns quarterly-compounded interest for the time it stays in the deposit, which is how most banks calculate RD maturity.
- Interest is taxable and TDS may apply.