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RD calculator (recurring deposit)

The maturity value of a recurring deposit — a fixed amount paid in every month that earns compound interest. Enter the monthly deposit, the annual rate, the compounding (quarterly is the bank standard) and the tenure; it returns the maturity amount, the total you paid in and the interest earned.

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The RD calculator (recurring deposit) turns Monthly deposit, Annual interest rate (%), Compounding, Tenure — years, Tenure — extra months into Maturity amount, Total deposited, Interest earned, instantly and for free. For instance, with Monthly deposit = $5,000.00, Annual interest rate (%) = 7, Compounding = Monthly, Tenure — years = 5 and Tenure — extra months = 0 it returns Maturity amount = $360,052.63, Total deposited = $300,000.00 and Interest earned = $60,052.63.

How to use it

  1. Enter your values: Monthly deposit, Annual interest rate (%), Compounding, Tenure — years, Tenure — extra months.
  2. Read the result instantly: Maturity amount, Total deposited, Interest earned.

Frequently asked questions

What does the RD calculator (recurring deposit) actually compute?

It takes Monthly deposit, Annual interest rate (%), Compounding, Tenure — years and Tenure — extra months and derives Maturity amount, Total deposited and Interest earned from them. The calculation is live as you type, so the result updates on every change.

What information do I need to provide?

5 values: Monthly deposit ($), Annual interest rate (%), Compounding, Tenure — years and Tenure — extra months. Nothing else is required — no account, no file upload.

Can you show a worked example?

With Monthly deposit = $5,000.00, Annual interest rate (%) = 7, Compounding = Monthly, Tenure — years = 5 and Tenure — extra months = 0, the calculator returns Maturity amount = $360,052.63, Total deposited = $300,000.00 and Interest earned = $60,052.63. Those figures come from running this exact tool, so you can reproduce them by entering the same values.

What happens if I enter larger values?

It moves a lot. Using Monthly deposit = $10,000.00, Annual interest rate (%) = 7.7, Compounding = Quarterly (standard), Tenure — years = 10 and Tenure — extra months = 5 instead, Maturity amount goes from $360,052.63 to $1,914,989.05 — which is why it is worth testing a few scenarios rather than trusting a single figure.

Which “Compounding” option should I choose?

You can pick between « Monthly », « Quarterly (standard) », « Half-yearly » and « Yearly ». Each one changes what the calculator works out, so switch and compare — the default is « Monthly ».

What does it give for smaller values?

Scaled down to Monthly deposit = $2,500.00, Annual interest rate (%) = 6.3, Compounding = Monthly, Tenure — years = 3 and Tenure — extra months = 1, Maturity amount comes out at $102,335.85. The relationship is worth checking at both ends before you rely on a single result.

When would I actually use this?

Planning a deposit, a safety net or a large purchase: how much to put aside each month, and how long a target takes at a given rate.

What is the most common mistake?

Reading a nominal rate as if it were real. Inflation is subtracted from the return, not from the capital, so a 3% account during 4% inflation loses purchasing power every year.

What is the difference between the RD calculator (recurring deposit) and the Certificate of Deposit (CD) Calculator?

This one returns Maturity amount and Total deposited; the Certificate of Deposit (CD) Calculator returns Result. That is the whole difference — open the one whose figure you need.

Is there a tool for the next step?

Fixed Deposit (FD) Calculator is the closest one after this: Work out the maturity value of a fixed deposit with any compounding — simple, annual, quarterly, monthly, daily or continuous — plus the effective annual yield.

Further reading

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GuideWhat a Deposit Ladder Actually Costs: $141.92 Over Five YearsSplit $50,000 into five rungs instead of one five-year deposit and you end year five with $61,573.20 instead of $61,715.12. The whole liquidity option costs $141.92, once, during the ramp — and it is worth $1,049.24 if rates rise a point.ExplainerActual Cash Value: The Subtraction You Agreed To Before the LossA twelve-year-old roof that costs $20,000 to replace is worth $10,400 on a straight-line schedule. After a $2,000 deductible, an actual cash value policy pays $8,400 and a replacement cost policy pays $18,000 — same roof, same loss, $9,600 apart.How-toHow Much Life Insurance Do You Need? The DIME MethodSkip the vague rules of thumb. The DIME method — Debt, Income, Mortgage, Education — gives you a defensible number for how much life cover your family actually needs.How-toHow Long to Reach a Savings Goal: A Step-by-Step MethodWork out exactly how many months a savings goal will take from your monthly deposit, starting balance and interest rate — with worked examples.ExplainerCompounding Frequency, and Where Continuous Compounding Comes From(1 + r/n)^n rises with n but converges on e^r. At 6 percent, monthly and continuous compounding differ by $1.59 on $10,000 over a year. At 24 percent the same gap is $30.07, and over thirty years it is 7.4 percent of the balance.ComparisonRegulated Savings, a Euro Fund or a Fixed-Term Deposit: the Ranking Inverts TwiceThe product paying the second-highest headline rate finishes last, and the reason is a tax change that took effect in January 2026. The three French savings vehicles scored on identical criteria: rate, tax, net return, real return, and what each one costs you in access.