RD Calculator
Calculate your Recurring Deposit maturity amount, interest earned, and plan your safe investments.
Select Bank / Interest Rate
Total Investment
₹0
Interest Earned
₹0
Maturity Amount
₹0
RD Summary
RD Growth Over Time
Effective Annual Yield
0%
Monthly Contribution
₹0
Interest/Year
₹0
Yearly Breakdown
| Year | Deposits | Interest | Total Value | Growth |
|---|
Investment Comparison
Savings Account
₹0
@3.5% p.a. Simple
Fixed Deposit
₹0
@6% p.a. Compounded
Your RD Returns
₹0
@0% p.a.
Extra Earnings
₹0
vs Savings Account
First Year Monthly Schedule
| Month | Deposit | Cumulative Deposit | Interest | Total Value |
|---|
Benefits of Recurring Deposits
Safe & Secure
Guaranteed returns with capital protection
Discipline
Encourages regular savings habit
Higher Returns
Better interest than regular savings accounts
Flexible Tenure
Choose tenure from 6 months to 10 years
RD Tax Information
Tax on Interest
Interest is fully taxable as per your income slab
TDS
10% TDS if interest exceeds ₹40,000 (₹50,000 for senior citizens)
Form 15G/15H
Submit to avoid TDS if total income below taxable limit
Tax Saving
No tax deduction under Section 80C
Note: Consult a tax advisor for accurate tax implications based on your specific situation.
Smart RD Investment Strategies
Ladder Your RDs
Open multiple RDs with different tenures for liquidity and better rates
Auto-Renewal
Enable auto-renewal to continue earning interest without break
Compare Banks
Different banks offer different rates. Compare before investing
Start Early
Longer tenure = higher compounding = better returns
