RD Calculator - Kalkulator online gratis

1. 1

   Enter the monthly deposit amount you plan to commit each month.

2. 2

   Enter the bank's RD interest rate (typically 6.5–7.5% in India).

3. 3

   Enter the RD tenure in years.

4. 4

   View the maturity amount, total invested, and interest earned.

5. 5

   Open the year-wise schedule to see the corpus grow each year.

A Recurring Deposit (RD) is a savings product where you deposit a fixed amount every month for a fixed tenure. The bank pays interest on each instalment until maturity, with quarterly compounding applied to the running balance. The earlier instalments earn interest for longer, so most of the maturity value comes from compounding on the early instalments rather than late ones.

• Salaried employees building a fixed-purpose corpus over 1-3 years where capital safety matters more than maximising return - a planned international trip, a new vehicle, an annual school fee.
• Risk-averse savers who don't want exposure to mutual funds but want better returns than a savings account, with the discipline of monthly auto-debit.
• Senior citizens looking for a guaranteed-rate monthly savings habit at the slightly higher senior-citizen RD rate offered by most banks.
• First-time savers using an RD as a 'training wheels' product before graduating to debt mutual funds and SIPs.

• Choosing a tenure longer than the goal. RD funds locked for 5 years cannot be partially withdrawn easily; if your goal is 2 years away, book a 2-year RD.
• Missing instalments routinely. Beyond the small per-month penalty, repeated misses can lead to premature closure and a lower rate.
• Comparing pre-tax RD returns to post-tax mutual fund LTCG returns. Always compare on the same tax basis.
• Forgetting to submit Form 15G/15H if your total income is below the taxable threshold. The bank deducts TDS otherwise and you have to claim a refund.

• Pick a debit date close to your salary credit date - this avoids the awkward situation of an RD instalment bouncing because the salary hadn't landed.
• Senior citizens should always negotiate the rate - most banks add 0.25-0.50% for seniors, but it's not always automatic on online RD bookings.
• If you're committing to an RD longer than 3 years, compare with a debt mutual fund SIP. Post-tax returns can be similar with somewhat better liquidity from the mutual fund.
• Use the RD calculator alongside the SIP calculator for the same monthly amount to see the gap between guaranteed and equity-like returns. The trade-off is risk, not just return.