About this recurring deposit (rd) calculator
Project the maturity value of a recurring deposit (RD), where you deposit a fixed amount every month and interest compounds quarterly — the common structure Indian banks use. Enter your monthly deposit, annual interest rate, and tenure in months; the tool simulates each month's deposit and applies compounding at the end of every completed quarter, then reports the maturity amount, total invested, and interest earned. Use this workspace to prepare a result you can review before putting it to use. All processing takes place on your device, without an account or an upload of your inputs. Check the examples to understand the expected output, read the limitations for the supported scope, and reset the form when you want to start a separate task.
How it works
Simulates month by month: each month adds your deposit to the running balance, and every third month the balance is multiplied by (1 + annual rate/4/100) to apply one quarter's compounding.
Try these examples
₹1,000/month; 8% annual rate; 3 months
₹3,060 maturity amount
₹1,000/month; 8% annual rate; 6 months
₹6,181.20 maturity amount
Limitations & privacy
Interest is only credited at the end of each completed quarter; a tenure that isn't a multiple of 3 months leaves the final partial quarter's deposits uncompounded, which slightly understates real-world maturity value. For planning only, not a bank's official maturity certificate.
Inputs and results stay in this browser. Only tool identifiers are stored for your recently used tools. You can clear that history from the directory.
A few good questions
How is the result produced?
Simulates month by month: each month adds your deposit to the running balance, and every third month the balance is multiplied by (1 + annual rate/4/100) to apply one quarter's compounding.
Are my inputs sent to a server?
No. Inputs and results are processed locally and are not uploaded or included in telemetry. Copying or downloading is your choice.
What are the limits of this tool?
Interest is only credited at the end of each completed quarter; a tenure that isn't a multiple of 3 months leaves the final partial quarter's deposits uncompounded, which slightly understates real-world maturity value. For planning only, not a bank's official maturity certificate.
Updated September 19, 2026