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RD Calculator

RD Calculator

What will your Recurring Deposit be worth at maturity?

₹
%
Years Months Days
%
%
Maturity value
₹0
Total deposited
₹0
Interest earned
₹0
Inflation-adjusted maturity
0
in today's money
Post-tax maturity
₹0
Deposited vs interest

Approximates the quarterly-compounding method most Indian banks use for RDs: each deposit earns interest from the month it's made, compounded every quarter. Actual bank calculations may round slightly differently month to month — treat this as a close estimate.

Tax: RD interest is fully taxable at your slab rate, exactly like FD interest. Banks deduct 10% TDS (20% without PAN) once your total interest at that bank — FDs and RDs combined — crosses ₹50,000 in a financial year (₹1,00,000 for senior citizens). TDS is only an advance against your final slab-rate tax, which is what the post-tax figure above uses. Submit Form 15G/15H to stop TDS if your total income is below the taxable limit.

What to work out next

Post-tax Yield Comparator

FD vs debt fund vs equity fund vs PPF/SSY, ranked after tax.

FD vs Debt Mutual Fund Calculator

Guaranteed slab-rate tax, or market-linked slab-rate tax.

Inflation Calculator

See what today's rupee is worth years from now.

TDS Calculator

Work out the TDS a bank deducts on your FD/RD interest.

Emergency Fund Calculator

Size your safety net and see how fast you can build it.

PPF Calculator

See what your PPF account grows to at maturity.

Frequently asked questions

Is a fixed deposit still worth it compared to other options?

It depends on your goal -- fixed deposits offer safety and a guaranteed return, which suits short-term goals or emergency funds, but their returns often barely keep pace with inflation after tax. For long-term goals, market-linked options have historically outperformed fixed deposits, at the cost of guaranteed safety.Read more: The Jeweller’s RD: Gold Schemes That Pay You in Obligation

What's the difference between simple and compound interest?

Simple interest is calculated only on the original principal for the entire period. Compound interest is calculated on the principal plus any interest already earned, so the amount it's calculated on grows over time. Compounding produces a meaningfully larger result the longer the money is invested.Read more: RD Calculator: Recurring Deposit Maturity Amount

How much emergency fund should I keep?

A common guideline is 3-6 months of essential expenses in an easily accessible account, though this varies by job stability, dependents, and other safety nets available to you. It should be liquid and low-risk, not invested for growth, since the point is availability when you need it, not returns.Read more: Your NBFC Fixed Deposit Has Zero Government Insurance — Unlike a Bank FD

Are savings account returns taxable?

Generally, yes -- interest earned is typically taxable as regular income, though some jurisdictions offer a small exemption threshold on savings interest specifically. Check the current rule where you file, since this is one of the more frequently adjusted thresholds.Read more: Breaking Your FD Early Costs More Than the Penalty Alone

Estimates only, not financial advice. See our Disclaimer.