CoderXpoint
Regular Savings | Guaranteed Returns

RD Calculator

Calculate Recurring Deposit maturity with monthly deposits and compound interest

RD Details

5.0 years

Calculate Your RD Returns

Enter deposit details to see maturity amount

About Recurring Deposits

What is RD?

Recurring Deposit (RD) is a special kind of term deposit where you deposit a fixed amount every month for a predetermined period and earn interest on it.

Key Features

  • Fixed monthly deposits
  • Tenure: 6 months to 10 years
  • Guaranteed returns
  • Loan facility available

Benefits

  • • Disciplined savings habit
  • • Higher returns than savings account
  • • Flexible tenure options
  • • Safe and secure investment
  • • Can be opened by anyone

Important Points

Penalty for missed deposits. Interest taxable as per income tax slab. Premature withdrawal allowed with reduced interest rates.