← Back / Finance

FD / RD Calculator

Calculate Fixed Deposit maturity (quarterly compounding) and Recurring Deposit maturity with accurate interest calculations.

We may earn from affiliate links shown below results.

About

Calculate Fixed Deposit (FD) and Recurring Deposit (RD) returns accurately. FD uses quarterly compounding for precise maturity calculation. RD calculations provide approximate maturity values based on monthly deposits.

FAQ

How is FD interest calculated?

FD uses compound interest with quarterly compounding: A = P × (1 + r/4)^(4×t), where P = principal, r = annual rate, t = years.

How is RD maturity calculated?

RD maturity is calculated using the formula: M = P × n × (n+1) / 2 × r/12, where P = monthly deposit, n = number of months, r = annual interest rate.

Is quarterly compounding standard for FD?

Most banks in India use quarterly compounding for fixed deposits, which this calculator follows. Some banks may offer different compounding frequencies.

Are these calculations accurate?

Calculations use standard formulas. Actual returns may vary slightly based on bank-specific policies, fees, and exact compounding methods. Always verify with your bank.

Do you store my data?

No. All calculations run in your browser. Your inputs are not stored or transmitted.