How is this RD maturity calculated?
Each monthly installment is compounded individually until maturity using the selected compounding frequency, then all matured installments are added together.
Estimate recurring deposit maturity, total deposited amount, and earned interest from fixed monthly installments.
Recurring plan
Estimate RD maturity from fixed monthly deposits, expected interest rate, and tenure with the compounding frequency you choose.
FAQ
Each monthly installment is compounded individually until maturity using the selected compounding frequency, then all matured installments are added together.
Yes. More frequent compounding generally increases the maturity amount slightly because each installment earns interest more often.