Savings
RD calculator: maturity value of a recurring deposit
Find the maturity value of a bank or post office recurring deposit for a fixed monthly amount.
How it works
Each monthly instalment earns interest compounded quarterly for the months it stays deposited. Maturity = Σ P × (1 + r ÷ 4)^(4 × m ÷ 12), summed over every instalment, where m is the months that instalment is invested.
Questions people ask
What is the post office RD rate?
The 5-year post office recurring deposit pays 6.7% a year for October to December 2026.
What if I miss an instalment?
Banks and the post office charge a small penalty for late instalments, and several missed instalments can lead to the account being closed.
More calculators
Savings
FD calculator
Calculate the maturity amount and interest on a bank fixed deposit, compounded every quarter as most Indian banks do.
Investing
SIP calculator
Work out the future value of a monthly SIP in a mutual fund, with the amount you invest and the gains it could earn.
Savings
PPF calculator
Calculate how much your PPF account will be worth after 15 years at the current interest rate of 7.1%.
Results are estimates for planning only and are not financial or tax advice.