Plan your savings with our free Recurring Deposit (RD) Calculator for FY 2025-26, tailored for Indian investors. Estimate the maturity amount, interest earned, and total invested by entering your monthly deposit, annual interest rate, and tenure.
RDs offer a secure, fixed-income investment option with quarterly compounding, ideal for disciplined savers. Our tool provides accurate estimates to help you achieve your financial goals in FY 2025-26. Start saving smarter today!
An RD Calculator is an online tool that estimates the maturity amount, interest earned, and total invested for a Recurring Deposit (RD) based on monthly deposits, annual interest rate, and tenure.
RD maturity is calculated using the compound interest formula, with monthly deposits compounded quarterly. Each monthly instalment earns interest for the remaining tenure, based on the annual interest rate.
The minimum RD deposit varies by bank or post office, typically starting at ₹100 per month in FY 2025-26. Check specific bank or post office terms before opening an RD account.
Yes, RD interest is taxable under the investor’s income tax slab for FY 2025-26. TDS may apply if interest exceeds ₹40,000 (₹50,000 for senior citizens) annually, as per Income Tax rules.