Recurring Deposits (RD) Calculator

Monthly Investment

Rate of Interest (P.a)


Time Period (Years)

Invested Amount


Est. Returns

Total Value

What is a Recurring Deposit (RD) Calculator?

A recurring deposit (RD) calculator is an online tool that helps you quickly determine your RD maturity amount and the total interest earned on it. The online calculator uses the amount to be invested monthly, the term of the recurring deposit, and the interest rate offered on the RD to calculate the maturity amount.

Use Navi Recurring Deposit Calculator to get quick and accurate results. Featuring a user-friendly interface, Navi’s RD calculator is highly responsive.

How to Calculate Recurring Deposit Maturity Amount?

Calculate your RD maturity amount in a quick and efficient manner with Navi RD Calculator. This would help you understand how much you could earn on your RD investment.
Here’s how to check your recurring deposit maturity amount:

Select your monthly investment amount

Use the slidebar to select your monthly investment amount

Select your investment tenure

Choose your investment tenure as per your requirement and convenience

Select the interest rate

Select the interest rate as offered by the issuer

Once done, you would be able to check your final amount upon maturity

What is the RD Maturity Value Calculation Formula?

The formula to calculate the RD maturity value is:
A = P (1+r/n)^(n*t)
Where A denotes the maturity amount, P denotes the amount invested, r stands for rate of interest, n is the frequency with which compounding occurs (basically, the number of quarters as RD generally compounds on a quarterly basis), and t denotes the number of years.

For example, if your monthly investment is ₹10,000, tenure is 3 years and the interest rate is 5%, upon calculation, your estimated returns would be ₹29,024 on your investment. So, over a total investment of ₹3,60,000, you could get ₹3,89,024 as the total amount upon maturity

Advantages of Using Navi Recurring Deposit Calculator

The Navi Recurring Deposits Calculator offers the following advantages:

Easy to use

The RD calculator has a user-friendly and intuitive interface

Get accurate results

The calculator is designed to provide quick and accurate results

Facilitates decision making

Calculate your maturity amount beforehand to make smarter financial decisions

Frequently asked questions

The compound interest formula calculates the interest on an RD account. Although contributions are required monthly, interest is compounded quarterly.
A recurring deposit is a savings account that allows investors to save a small amount of money regularly through monthly contributions for a set period and earn interest on those deposits. When an RD matures, the investor receives a lump sum amount plus interest.
To calculate the maturity value of your recurring deposit, you will have to input the amount you wish to invest monthly, the interest rate you expect to earn, and the tenure for which you want to hold the recurring deposit.
Yes, you can cancel your recurring deposit before the period expires. However, you might lose out on the interest that you could have had earned after the maturity period.
Yes. Individuals will have to pay tax on the interest earned on an RD. However, u/s 80C of the Income Tax Act, they can claim deductions of up to ₹1.5 lakh per fiscal year. Moreover, a 10% TDS is levied on income generated if the recurring deposit interest earned surpasses ₹10,000.
The minimum and maximum sums that can be invested in a recurring deposit differ depending on the issuer. However, you can check your preferred issuer’s website to see what their criteria are.
A one-day delay in your instalment payment will result in either interest or a cash penalty. In either case, your maturity amount will be affected. Some banks have the right to shut down your RD account if you have more than six outstanding payments.
A recurring deposit allows you to invest modest sums of money every month at a predetermined interest rate and term. A fixed deposit account, on the other hand, enables you to invest a large sum of money at a fixed interest rate.
Disclaimer: Navi does not guarantee accuracy, completeness, or correct sequence of any of the details provided therein and therefore no reliance should be placed by the user for any purpose whatsoever on the information contained/data generated herein or on its completeness/accuracy. The use of any information set out is entirely at the User’s own risk.


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