RD Calculator

How much will your recurring deposit grow to at maturity? Our RD calculator lets you figure out your maturity value in minutes.

RD Calculator

*The amount mentioned in the calculator is an indicative figure . Please refer the FD/ RD advice to get the exact maturity amount

Are you looking for an investment opportunity where you can make regular savings and earn interest? A Recurring Deposit (RD) may be the answer for you. You can make small contributions at regular intervals and get rewarded with interest on your savings.

We at HDFC Bank strive to provide you with the best facilities for all your financial needs at your convenience. It is our pleasure to introduce our RD Calculator—a tool for all your answers about an RD.

Use our custom-made Recurring Deposit calculator to plan your investment better. With our online RD calculator, you can learn all about interest rates, and the sum you stand to gain for your savings. To get started, choose the tenure of your saving and enter the principal amount you intend to deposit every month in that period. No need to calculate your maturity sum, our RD interest rates calculator will do it for you.

New to saving and want to start small? You can set aside a small part of your income as savings and earn attractive interest on it every month. Lock in interest rate for the entire tenure and get safe and guaranteed returns without fearing about the market fluctuations.Opt for an RD account. You can start with an amount as low as Rs 500. With our online RD calculator, get your interest rate and maturity sum in an instant.

You can tweak your tenure between six months and ten years to see which plan works the best for you.

With HDFC Bank RD accounts, you can enjoy interest rates similar to fixed deposits even with smaller investments. The interest you earn will be paid on maturity. Use our RD maturity calculator to find out what you stand to gain by investing in a Recurring Deposit.


How to use RD calculator?

The HDFC Bank Recurring Deposit Calculator is an online tool to calculate the interest earned on savings in an RD account. To use this online RD calculator, log on to our official website. Key in the amount that you wish to save every month in your RD account choose the tenure of your savings, the period for which you want to invest. Since senior citizens get a slightly higher return, our Recurring Deposit calculator asks you to identify if you are one. Once you’ve entered the information, click on the ‘Calculate’ button. You will be able to see the interest you will earn upon maturity.

How to calculate the Recurring Deposit maturity amount?

For Recurring Deposits, the maturity amount is a sum of the principal amount and the interest earned over the investment period. The interest is compounded quarterly. However, you needn’t bother yourself with the complex calculations. To calculate your Recurring Deposit maturity amount, turn to our custom-made RD maturity calculator. It is a simple form where you can enter your details and auto-generate your maturity amount.

How is Recurring Deposit interest calculated?

Recurring Deposit is calculated using the compound interest formula. The savings have to be deposited into the account every month. The interest on your savings is compounded quarterly.

What are the minimum and maximum tenures to open a bank RD?

HDFC Bank offers a host of tenure options for you if you wish to invest in a Recurring Deposit account with us. The flexible tenure helps you invest at your own pace and convenience. You can choose from a range of tenures with the minimum being six months (in multiples of there months thereafter) and maximum 10 years. If you are a Non-Resident Indian, the minimum tenure for you is 12 months.

What is the minimum monthly instalment amount needed to invest in bank RD?

At HDFC Bank, we are sensitive to your needs. Irrespective of your income, we let you choose the principal for your Recurring Deposit account. You can start with an investment of Rs1,000 and in multiples of Rs.100 after that. The maximum you can invest in a Recurring Deposit account is Rs 1,99,99,900 a month.

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