How to Use This Calculator
- Enter Monthly Deposit.
- Enter Annual Rate (%).
- Enter Months.
- Click Calculate to view the result.
- Review the calculated result shown below the form.
- Use Reset to clear the values and start again.
Finance
RD Maturity Calculator
Estimate recurring deposit maturity using approximate monthly compounding.
Formula
Maturity amount=
Monthly Deposit × Months + (Monthly Deposit × Months × (Months + 1) ÷ 2) × (Annual Rate (%) ÷ 100 ÷ 12)