How to use
- Fill in: Monthly deposit, Interest rate (% p.a.), Period (months) and Currency. Fields with defaults or marked optional can stay as shown.
- Tap Calculate Maturity.
- Read the result - you can print or save it as PDF.
Worked example
With Monthly deposit = 5000, Interest rate = 7, Period = 24:
MATURITY AMOUNT128,354 INR
- Total invested: 120,000 INR
- Interest earned: 8,354 INR
- Monthly deposit: 5,000 INR
- Rate: 7% p.a. (quarterly compounding)
Standard RD convention: deposits at each month-end, interest compounded quarterly (equivalent monthly rate used). Bank-specific conventions may differ slightly.