Reva Money · Calculators · RD calculator
Work out what a monthly recurring deposit is worth at maturity with quarterly compounding, and the interest you earn.
| Monthly deposit | ₹10,000 |
|---|---|
| Interest rate a year | 6.75% |
| Years | 5 years |
| At maturity | ₹7.15 L |
| You deposit | ₹6.00 L |
| Interest earned | ₹1.15 L |
A recurring deposit takes a fixed amount every month. Each deposit earns interest, compounded every quarter, for the time it stays in.
Formula: Maturity = Σ M × (1 + r ÷ 4)^(months left ÷ 3), summed over every monthly deposit M.
About ₹7.15 L at 6.75% a year, from ₹6.00 L deposited.
An RD pays a fixed rate set when you open it; a SIP’s return moves with the market. The SIP calculator shows a steady-return comparison.
Illustrative only. These figures assume steady returns, which real investments don’t give. They are not investment advice.