RD Calculator — Guide

A Recurring Deposit lets you invest monthly at a fixed rate. This guide shows how to estimate maturity.

How to use

1. Enter monthly deposit, rate, years, and compounding.
2. Click Calculate to see maturity, invested, and gains.
3. Open RD Calculator

Formula (approx)

FV ≈ PMT * [((1 + i)^m - 1) / i] * (1 + i)
where i = (rate / compounding), m = years * compounding