Recurring Deposit Calculator
RD Calculator: Calculate Your Recurring Deposit Maturity Amount
Use our Recurring Deposit (RD) Calculator to quickly and accurately calculate RD returns based on your monthly deposit, interest rate, and investment period. Designed to make your savings planning easier, the calculator gives you a clear picture of your total maturity amount and the interest earned.
Whether you’re opening a new RD or comparing interest rates, our RD Calculator helps you make informed investment decisions with clarity and confidence. Skip the guesswork, plan smarter, and reach your financial goals with precision.
RD Calculator
Min ₹100
Max ₹2.99Cr
Investment Summary
Invested Amount
₹ 1,000
Interest Earned
₹10,126
Interest Per Quarter
Interest Per Month
Maturity Value*
₹90,126
( Interest rates are indicative and for calculation only. Interest may be subject to TDS recovery and maturity amount may vary due to TDS impact )
Features and Benefits
How to Use our Recurring Deposit Calculator?
Using our Recurring Deposit Calculator is extremely easy and hassle-free. All you need to do is enter the monthly deposit amount – this is the fixed amount you plan to deposit every month and select the tenure. The interest rate will be automatically adjusted based on the selected tenure. Choose the type of customer you are – Individual or Senior citizen. Point to note: Senior citizens ae eligible for an additional interest rate of 0.50%*.
Based on these inputs, the calculator instantly shows you the interest earned and the total maturity amount – accurately and instantly.
Disclaimer: The data generated herein is completely and solely based on the information/details provided by you and such information and the resultant data is provided only for user's convenience and information purposes. Ujjivan SFB does not guarantee accuracy, completeness or correct sequence of any the details provided therein and therefore no reliance should be placed by the user for any purpose whatsoever on the information contained / data generated herein or on its completeness / accuracy.
The use of any information set out is entirely at the User's own risk. User should exercise due care and caution (including if necessary, obtaining of advice of tax/ legal/ accounting/ financial/ other professionals) prior to taking of any decision, acting or omitting to act, on the basis of the information contained / data generated herein. Ujjivan SFB does not undertake any liability or responsibility to update any data. No claim (whether in contract, tort (including negligence) or otherwise) shall arise out of or in connection with the services against the bank. Neither Ujjivan SFB nor any of its agents or licensors or group companies shall be liable to user/ any third party, for any direct, indirect, incidental, special or consequential loss or damages (including, without limitation for loss of profit, business opportunity or loss of goodwill) whatsoever, whether in contract, tort, misrepresentation or otherwise arising from the use of these tools/ information contained / data generated herein.
FAQs
1. What is an RD Calculator?
An RD Calculator is an online calculator that helps you estimate the maturity amount and the interest earned on your recurring deposit. It simplifies complex calculations and gives instant, accurate results based on your inputs.
2. What information do I need to use the RD Calculator?
You need to enter the monthly deposit amount and investment tenure, and select whether you’re a senior citizen (60 years and above) or a regular depositor.
3. How is the RD interest paid?
The interest is compounded and paid on a quarterly basis.
4. Is the interest earned on RD taxable?
Yes, the interest earned on Recurring Deposit is fully taxable. Additionally, 10% TDS is applicable if the interest earned exceeds ₹50,000 (₹1 lakh for senior citizens) in a financial year.
5. What is the minimum and maximum RD tenure?
The minimum tenure is 3 months (Sampoorna Lakshya) and 6 months (Regular RD) and the maximum tenure is 120 months or 10 years.
6. What is the minimum amount I need to invest in Recurring Deposit?
You can start your RD journey with as low as ₹100.