What is RD Calculator?
A Recurring Deposit (RD) is a savings product offered by banks and post offices where you invest a fixed amount every month for a predetermined period. RD accounts earn compound interest at rates comparable to Fixed Deposits, making them ideal for building a savings habit. In India, RD interest rates typically range from 5% to 8% depending on the tenure and financial institution.
Use our RD Calculator to get accurate results instantly. You may also want to explore our FD Calculator or SIP Calculator.