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Recurring Deposit (RD) interest calculator calculates the maturity value (i.e. principal amount plus interest earned) on the deposits made by you.

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Recurring Deposit (RD) Interest Calculator

  • % Per Annum

Under Recurring Deposit scheme, a customer deposits a minimum amount (usually fixed amount) every month, and bank pays the interest at a pre-determined rate. On maturity date, the customer gets paid the maturity value (principle amount and the interest). To calculate your RD interest, you just need to fill-in the installment amount that you can invest every month, the interest rate and the period/tenure of the RD.