Recurring deposit calculator.
Estimate maturity from regular monthly deposits with explicit compounding and deposit-timing assumptions.
RD inputs
Enter your quoted rate. Example rates are not live bank offers.
Equal deposits at the start of each month. Nominal annual rate with 4 compounding periods/year is converted to an equivalent monthly rate. Tax is reserved at maturity. Exact bank posting dates, missed-deposit penalties and premature withdrawal rules are excluded.
View detailed breakdown
| Month | Total deposited | Balance before tax |
|---|---|---|
| 1 | ₹5,000.00 | ₹5,029.00 |
| 2 | ₹10,000.00 | ₹10,087.16 |
| 3 | ₹15,000.00 | ₹15,174.66 |
| 4 | ₹20,000.00 | ₹20,291.67 |
| 5 | ₹25,000.00 | ₹25,438.35 |
| 6 | ₹30,000.00 | ₹30,614.88 |
| 7 | ₹35,000.00 | ₹35,821.44 |
| 8 | ₹40,000.00 | ₹41,058.18 |
| 9 | ₹45,000.00 | ₹46,325.31 |
| 10 | ₹50,000.00 | ₹51,622.97 |
| 11 | ₹55,000.00 | ₹56,951.37 |
| 12 | ₹60,000.00 | ₹62,310.66 |
How this recurring deposit calculator works
Each equal monthly deposit earns interest for the time remaining until maturity. The nominal annual rate and compounding frequency are converted to an equivalent monthly rate. Start-of-month deposits earn one more month of growth than end-of-month deposits.
A worked example
Depositing 5,000 monthly for twelve months at zero interest produces 60,000. At a positive rate, beginning-of-month deposits produce a higher balance than end-of-month deposits because each installment is invested longer.
How are missed deposits and bank rules handled?
This model assumes all installments arrive on schedule. It excludes late-deposit penalties, irregular dates and premature closure. Optional effective tax is reserved from total interest at maturity. Use the bank schedule for a contractual maturity amount.
References and further reading
Calculations run on your device. Review your results before exporting or sharing them.