RD Calculator

Invested amount
Estimated returns
Total value

A Recurring Deposit (RD) is one of the most popular and completely safe investment options. It offers you a fixed interest rate on your deposits and allows you to make periodic investments instead of putting in a lump sum amount at once. It is an ideal investment plan for individuals who do not have a huge sum of money to start a fixed deposit but can invest regularly from their income. Recurring deposits also promote long-term investing habits.

Benefits of Using an RD Calculator

Before opting for any RD plan, it is essential to compare returns from all available options. An RD calculator is a handy tool that allows you to compare various RD plans offered by different financial institutions. Here are some benefits of using an RD calculator:

- Accurate Estimates: Provides precise calculations of total investment, accrued returns, and maturity amount.

- Time-Saving: Eliminates the need for manual calculations, saving time and effort.

- Error-Free: Ensures accurate results, reducing the risk of manual calculation errors.

- Comparison Tool: Helps you compare different RD plans to make informed investment decisions.

- Financial Planning: Assists in planning your investments according to your financial goals.

How an RD Calculator Works 

An RD calculator or RD return calculator is an online tool that allows you to calculate returns from your recurring deposit easily. It automatically performs calculations based on the inputs provided and shows you results instantly. To use an RD calculator online, you need to enter the following details:

- Monthly Investment: The amount of money you wish to invest monthly in the RD scheme. The amount remains fixed throughout the period of investment.

- Interest Rate: The rate of interest offered in the RD scheme.

- Time Period: The time period of investment or the maturity period of your RD.

Based on these inputs, the RD interest calculator will show you the following results:

- Total Investment Amount: The total amount invested by the end of the maturity period.

- Accrued Returns: The returns earned from your investment.

- Total Value: The total maturity amount, which is the sum of the total investment amount and the returns earned.
The formula to calculate RD is as follows:
A = P x (1 + r/100)^nt


  • A = Total amount by the end of the period 
  • P = Principal amount from which compounding will start 
  • r = Annual rate of interest
  • n = number of times the interest compounds in a year
  • t = number of years

How to Use INDmoney's Recurring Deposit Calculator?

INDmoney offers a user-friendly RD interest calculator that comes with a simple yet highly functional interface. Follow these steps to calculate your RD returns instantly:

1. Open the INDmoney RD Calculator: Access the calculator on your browser.

2. Enter Monthly Investment: Input the amount you wish to invest monthly.

3. Enter Interest Rate: Provide the interest rate offered in the RD scheme.

4. Enter Investment Duration: Specify the time period of the investment.

5. Calculate: The calculator will instantly display the total returns and final maturity amount.


If you enter Rs 20,000 as the monthly investment, a 5% interest rate, and a 10-year time period, the calculator will show:

- Invested Amount: Rs 24,00,000

- Returns: Rs 7,15,083

- Maturity Amount: Rs 31,15,083

You can adjust the inputs to compare different combinations of monthly investments, interest rates, and time periods to see various results. 

Frequently Asked Questions

  • What is an RD calculator?

  • How does an RD calculator work?

  • Why should I use an RD calculator?

  • Can I compare different RD plans using the RD calculator?

  • Is the RD calculator free to use?

  • How often should I use an RD calculator?