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RD Calculator
Recurring deposit maturity for monthly deposits. Classroom maths only — not investment advice and not a broker product.
Inputs
Maturity amount
₹3,54,954
- Invested
- ₹3,00,000
- Interest
- ₹54,954
How this works
- Uses the standard bank-style RD formula with quarterly rate i = annual% / 400.
- Maturity ≈ R × [(1+i)^n − 1] / [1 − (1+i)^(-1/3)], where n is quarters.
- Invested amount = monthly deposit × number of months.
Educational only. PaisaTrade is not a broker and not SEBI-registered investment advice. Verify figures with your bank, broker, or tax professional before acting.
FAQs
Will every bank match this exactly?
Almost — banks may round differently or use day-count quirks. This is the widely taught formula.
Can I miss a month?
This model assumes uninterrupted monthly deposits.