Investments

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RD Calculator.

Recurring deposit maturity and interest

On-device calculationNo signup
01

Set your values

Results update as you type.

Maturity value: $144,021.05

Maturity value

$144,021.05
Invested amount: $120,000.00

Invested amount

$120,000.00
Interest earned: $24,021.05

Interest earned

$24,021.05

Cite this calculator

Canonical URL: https://mathify.one/en/investment/rd

Cite as: Mathify. (2026). RD Calculator. https://mathify.one/en/investment/rd

Use Cases

Compare different RD schemes

By adjusting the monthly deposit, interest rate, and tenure, you can compare the maturity values of different recurring deposit plans offered by banks or financial institutions.

Example: Compare a 5-year RD at 5% vs. 6% to see the difference in returns.

Frequently Asked Questions

How does the RD calculator work?
The RD calculator computes the maturity value of a recurring deposit using the monthly deposit amount, the annual interest rate, and the number of years. It applies the standard formula for recurring deposits, which accounts for monthly compounding, to estimate the total amount you will receive at maturity.
What inputs do I need to use the RD calculator?
You need to provide three inputs: the monthly deposit amount (in dollars), the annual interest rate (in percent), and the tenure in years. Once you enter these values, the calculator will instantly show the maturity value.
Is the RD calculator result accurate?
The RD calculator provides an estimate based on the inputs you provide. It assumes a fixed interest rate for the entire tenure and monthly compounding. Actual maturity values may vary if the interest rate changes or if the bank uses a different compounding frequency.

Tips & Common Mistakes

Tips

  • Ensure you enter the monthly deposit amount in dollars, not the total annual deposit.
  • Use the current interest rate offered by your bank for the most accurate estimate.
  • For longer tenures, even a small increase in the interest rate can significantly boost your maturity value.
  • Remember that the RD calculator assumes monthly compounding; check with your bank if they compound differently.

Common Mistakes to Avoid

  • Entering the annual deposit instead of the monthly deposit amount.
  • Using a nominal annual rate without converting it to the monthly rate, which the calculator handles automatically.
  • Assuming the maturity value is guaranteed; it is an estimate and may vary with actual interest rates.

Last updated: August 13, 2026