Recurring Deposit (RD) Calculator

Calculate exact RD maturity value with quarterly compounding. Compare your RD returns against SIP mutual funds for the same monthly amount.

＋Equis / Investment Analytics
Monthly Deposit
₹
Expected Return Rate
%
Tenure
Months
ASSET

Investment Report

Total Invested₹2,40,000
Returns / Interest Earned₹18,308
RD Maturity Amount₹2,58,308

EQUIS Take (Asli Sach)

RD mein discipline zaroor banta hai, par return bahut kam hai. Agar goal 5-7 saal door hai, toh RD ki jagah

index fund ki SIP behtar return degi.

The Math Behind Recurring Deposit (RD) Calculator

Understanding the true mechanics of this instrument helps you make optimal decisions with your money.

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1. Monthly Discipline Builds Wealth

An RD forces disciplined monthly investing. The compounding on each installment — from the first to the last — grows your corpus predictably over time.

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2. Quarterly Compounding

RD interest is compounded quarterly by banks. Each monthly installment earns interest for the remaining tenure from the date of deposit — so earlier installments earn more.

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3. RD vs SIP for Same Amount

For 5+ year goals, a monthly SIP in an index fund (12%+ historical CAGR) significantly outperforms an RD (6-7%). Use RD only for capital-safe, short-term goals.

Frequently Asked Questions

What is the difference between RD and SIP in mutual funds?expand_more
Both are monthly disciplined investments. RD gives a guaranteed fixed return (6-7%). A SIP in an equity mutual fund gives market-linked returns (historically 10-15% CAGR over 10+ years) with short-term volatility.
What happens if I miss an RD installment?expand_more
Banks charge a penalty of ₹1.50 to ₹2 per ₹100 per month for a missed installment. If you miss multiple installments, the bank may prematurely close the RD after a notice period.