Savings2 min

Recurring Deposit Calculator

Calculate the maturity value of recurring deposits with monthly contributions and compound interest.

Free • Accurate • Instant Results

Recurring Deposit Inputs

$
%
Years

Maturity Value

💰

$199,232

Interest Earned

📈

$19,232

Total Deposited

🏦

$180,000

Monthly Deposit

📅

$5,000

Growth Over Time

🤖

AI Insights

Personalized analysis based on your inputs

💡

Disciplined Saving

Depositing $5,000 monthly for 3 years builds a guaranteed corpus through regular saving habits.

📅 Future Projections

YearTotal ValueContributionsGrowthReal Value
2029$191,954$180,000$11,954$175,665
2029$191,954$180,000$11,954$175,665
2029$191,954$180,000$11,954$175,665
2029$191,954$180,000$11,954$175,665
2029$191,954$180,000$11,954$175,665
2029$191,954$180,000$11,954$175,665
2029$191,954$180,000$11,954$175,665

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Formula Used

RD Maturity Value

Maturity = PMT × [(1+r)^n − 1] / r × (1+r)

Variables

PMT= Monthly deposit
n= Total months

Example

$5,000/month at 6.5% for 3 years = ~$198,000 maturity

Frequently Asked Questions

RDs are ideal for building savings discipline with monthly deposits. FDs work best if you have a lump sum to invest at once.

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Disclaimer: This calculator is for informational and educational purposes only. Results are estimates based on inputs you provide. They are not financial, tax, investment, or legal advice. Consult a qualified financial professional before making financial decisions. Actual results may vary based on market conditions, tax laws, and individual circumstances.