Recurring Deposit (RD) Calculator
Calculate your RD maturity amount and total interest instantly with CalHub.
Total Investment
$0
Total Interest Earned
$0
Maturity Amount
$0
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What is a Recurring Deposit?
A Recurring Deposit (RD) helps you build savings by investing a fixed amount every month for a specific tenure at a fixed interest rate.
How RD Calculator Works?
This calculator uses compound interest to calculate the maturity value of monthly deposits.
Benefits of RD
- Disciplined savings habit
- Low minimum investment
- Guaranteed returns
- Ideal for short-term goals
Frequently Asked Questions
RD is better for monthly savings, while FD is suitable for lump-sum investments.
Some banks allow missed payments with a penalty.