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Recurring Deposit (RD) Calculator

* Amount of Deposit
Term of Deposit
No. of Years
Select Quarters

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Total Days
INTEREST RATE - 7.50%

Maturity Amout

Note :Here a month is considered as 30 days and a year as 365 days.

Recurring Deposit Calculator

Have an important event coming up in the near future for which you need to save up? Or your child’s school fees to pay? A recurring deposit makes it easier to make a regular investment every month for a fixed amount. The investment helps you earn interest at maturity. It’s almost like investing in an SIP( Systematic Investment Plan) every month. You are certain to save up a particular amount. You can start with monthly instalments of a minimum of Rs. 1,000 and above and in multiples of Rs. 500 thereafter. The tenure lasts from 12 months to 10 years and you earn up to 300 eDGE Loyalty Reward points when you open a Recurring Deposit of Rs.2000 or more.

To calculate your Recurring Deposit maturity amount, you can use the Recurring Deposit Calculator. It will help you with your investment break-up before you know how much you are going to invest and what returns you could expect. You can try finding your various investment amount options and go with the one that makes it perfect for you to achieve the particular target amount that you are looking to get at maturity. So now you can invest and earn at the same time.