Recurring Deposit maturity with ₹ table.. RD Calculator is a free online tool from the ToolsRift Finance & Health Calculators collection. It runs entirely in your browser — nothing to install, no signup, and your data never leaves your device.
Enter your monthly deposit, the annual interest rate and the tenure in months or years. The calculator shows maturity value, total invested and interest earned.
Each monthly deposit earns compound interest for its remaining months. Indian banks typically compound quarterly, so every instalment grows at rate/4 per quarter until maturity.
Yes. Interest earned on a Recurring Deposit is added to your income and taxed at your slab rate, and TDS may apply if annual interest crosses the bank's threshold.
No. A standard RD requires a fixed monthly deposit for the full tenure. To vary amounts you would open a separate RD or a flexible deposit product.