FD/RD Calculator
Calculate maturity amount for Fixed Deposits (FD) and Recurring Deposits (RD) with accurate compound interest. Perfect for planning safe, guaranteed returns on your savings with banks and financial institutions.
Calculate FD/RD Maturity
One-time deposit amount for FD
Bank's offered interest rate per year
Investment period in months (1-120)
How often interest is calculated and added
How to Use
- Select deposit type: Choose FD (one-time) or RD (monthly)
- Enter amount: Principal for FD or monthly deposit for RD
- Set interest rate: Check your bank's current FD/RD rates
- Choose tenure: How long you'll keep the deposit
- Select compounding: Most banks use quarterly compounding
FD vs RD
Fixed Deposit (FD): Invest a lump sum once and earn interest for a fixed period. Best when you have savings to invest immediately.
Recurring Deposit (RD): Invest a fixed amount every month for a set period. Best for regular savers building wealth systematically.
Example
FD: ₹1,00,000 at 7.5% for 12 months (quarterly compounding) = ₹1,07,722 maturity
RD: ₹5,000/month at 7.5% for 12 months (quarterly compounding) = ₹62,438 maturity