RD Calculator
Estimate wealth accumulated through monthly Recurring Deposits.
RD Parameters
₹10,000
₹500₹10L
6.5%
5 Years
RD Summary
Total Invested Amount
₹6,00,000
Est. Returns
₹1,10,568
Total Maturity Value
₹7,10,568
Returns Breakdown
Understand the ratio of wealth generated purely from compound interest versus your deposits.
Continuous Wealth Growth Graph
Watch your balance grow year-over-year as fixed monthly injections keep stacking up interest.
Yearly Compounding Details
| Year | Cumulative Invested | Interest Gained | End Balance |
|---|---|---|---|
| Year 1 | ₹1,20,000 | +₹4,310 | ₹1,24,310 |
| Year 2 | ₹2,40,000 | +₹12,635 | ₹2,56,945 |
| Year 3 | ₹3,60,000 | +₹21,519 | ₹3,98,464 |
| Year 4 | ₹4,80,000 | +₹30,995 | ₹5,49,459 |
| Year 5 | ₹6,00,000 | +₹41,109 | ₹7,10,568 |
What is a Recurring Deposit (RD)?
A Recurring Deposit is a term deposit that allows individuals to deposit a fixed amount every month into their RD account and earn interest at the rate applicable to Fixed Deposits. It is ideal for those who wish to create a risk-free fund for future needs using a small monthly saving constraint.
RD vs SIP
- Guaranteed Returns: Unlike a Mutual Fund SIP which is subject to market risks, an RD provides a guaranteed and fixed interest rate locked in at the time of account creation.
- Flexibility: The tenure for an RD typically ranges widely, offering you the absolute flexibility to build corpora specifically aligned with short-term (1 Year) to medium-term (5 Year) goals.