RD Calculator India — Recurring Deposit Returns
Calculate recurring deposit maturity with quarterly compounding, year-by-year breakdown, TDS notes, and RD vs FD comparison.
Last updated: June 2026
Based on Indian banking RD rules — quarterly compounding, TDS thresholds
Total Deposited
₹1,20,000
Interest Earned
₹9,099
Maturity Value
₹1,29,099
Maturity: ₹1.29 lakh
| Period | Deposited | Interest | Balance |
|---|---|---|---|
| Q1 | ₹15,000 | ₹263 | ₹15,263 |
| Q2 | ₹15,000 | ₹530 | ₹30,792 |
| Q3 | ₹15,000 | ₹801 | ₹46,593 |
| Q4 | ₹15,000 | ₹1,078 | ₹62,671 |
| Q5 | ₹15,000 | ₹1,359 | ₹79,031 |
| Q6 | ₹15,000 | ₹1,646 | ₹95,676 |
| Q7 | ₹15,000 | ₹1,937 | ₹1,12,613 |
| Q8 | ₹15,000 | ₹2,233 | ₹1,29,846 |
RD rates vary by bank and tenure — SBI typically offers 6.5–7.0%, HDFC 7.0–7.4% (June 2026). Verify current rates before opening an account.
About RD Calculator India
Our free RD Calculator projects recurring deposit maturity value using the standard quarterly compounding formula used by most Indian banks.
Shows total deposited, interest earned, quarter-by-quarter breakdown, TDS notes, and RD vs FD comparison for the same total investment.
Adjust monthly deposit (₹500–₹1 lakh), rate, and tenure (3 months to 10 years). No signup, runs entirely in your browser.
Read the full guide: RD calculator India — how recurring deposits work
When Should You Use the RD Calculator?
Monthly savings planning
Project RD maturity before opening an account at your bank.
RD vs FD decision
Compare lump-sum FD returns vs spread RD deposits for the same total amount.
Interest estimation
See exact interest earned with quarterly compounding breakdown.
TDS planning
Understand when bank TDS applies and Form 15G/15H requirements.
Tenure comparison
Slide tenure from 3 months to 10 years to find optimal maturity.
Frequently Asked Questions
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