About the Recurring Deposit (RD) Calculator
Maturity value of a recurring deposit with monthly instalments and quarterly compounding (standard RD method).
Also known as: rd calculator, recurring deposit maturity, monthly deposit scheme, deposit calculator.
How to use this calculator
- Enter monthly deposit, interest rate, tenure.
- The result updates instantly as you type — press Calculate (or Enter) at any time.
- Review the breakdown shown under the main result.
- Use Copy result or Share to save the answer or send a link with your inputs.
Recurring Deposit (RD) formula
M = Σ R(1 + r/4)^(4·i/12)
Worked example
Using the values pre-filled in the calculator above:
- Monthly deposit = 5,000
- Interest rate = 6.8 %
- Tenure = 36 months
the calculator returns:
- Maturity value: 200,058.97
- Total deposited: 180,000
- Interest earned: 20,058.97