RD Calculator
Maturity value of a recurring deposit with quarterly compounding.
Result
How to use
- 1
Enter the monthly deposit, rate and number of months.
- 2
See your total deposits, interest and maturity amount.
Questions
How do banks calculate RD interest?
Most Indian banks compound RD interest quarterly. Each monthly instalment earns interest for the time it stays in the account.
Can I miss an RD instalment?
Banks usually charge a small penalty for missed instalments. Check your bank's rules.
About this RD tool
RD Calculator — Maturity value of a recurring deposit with quarterly compounding. It is one of 200 free tools on namasivayam.in, made by software engineer Namasivayam Vadivelan for everyday use in India.
Everything is calculated instantly in your browser: nothing you type or upload is sent to any server, there is no sign-up, and it works on mobile and desktop. Enter the monthly deposit, rate and number of months.
Related reading
Articles that go with this tool
Emergency Fund First: Why 6 Months of Savings Gives You Real Peace of Mind
Before investing, before upgrading the phone — build an emergency fund. How much you need, where to keep it, and how to build it step by step on a normal salary.
PPF vs FD vs RD: Which Safe Savings Option Suits You?
PPF, fixed deposits and recurring deposits are India’s favourite safe options. Compare their interest, lock-in, tax and liquidity in simple words — and see which one fits which goal.
CTC vs In-Hand Salary: Why Your Offer Letter Number Isn’t What Reaches Your Bank
A ₹15 lakh CTC doesn’t mean ₹1.25 lakh a month in your account. A simple breakdown of CTC, gross and in-hand salary — PF, tax, gratuity and more — so you can compare job offers properly.
Related tools
More money tools you may like
Results are estimates to help you plan. They are not financial, tax or medical advice.