| Year | Total Deposited | Interest Earned | Maturity Value | Total Interest |
|---|---|---|---|---|
| Maturity | ₹0 | ₹0 | ₹0 | ₹0 |
FinBrooks RD Calculator helps you estimate the maturity amount, total deposits and interest earned from a Recurring Deposit using your monthly deposit, interest rate and investment tenure.
Unlike a Fixed Deposit where the entire amount is deposited at once, an RD consists of regular monthly instalments. Each instalment earns interest for the period it remains deposited.
An FD generally involves a lump-sum deposit at the beginning of the investment period, while an RD allows you to deposit a fixed amount regularly. Both can earn interest according to the applicable bank terms and compounding method.
RD interest may be taxable depending on applicable tax rules and the investor's total taxable income. This calculator shows the estimated gross maturity amount before applicable taxes or TDS.
Disclaimer: This calculator provides estimates for informational and educational purposes only. Actual RD maturity may differ based on the bank's interest calculation method, instalment dates, compounding rules, taxes, TDS, premature closure conditions and other applicable terms.
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