RD Calculator
Find your recurring deposit maturity amount and interest in seconds, then see what the same monthly saving could build in gold.
Same habit. Fewer rules.
A Gold SIP works like an RD: a fixed amount, on autopay. Your deposits grow the same either way; the difference is what they grow with.
Gold growth uses a ~11% p.a. long-term average with illustrative ups and downs; it is not guaranteed and can fall. RD returns are fixed and use quarterly compounding, before tax.
RD calculators by bank
Jump to a bank-specific RD calculator with published rates and maturity estimates for popular Indian banks and Post Office deposits.
Bank of Baroda RD CalculatorHighest rate5.5%-6.75% p.a.
Post Office RD Calculator6.7% p.a.
Bank of India RD Calculator5.5%-6.7% p.a.
UCO Bank RD Calculator5%-6.6% p.a.
Canara Bank RD Calculator5.25%-6.6% p.a.
Union Bank RD Calculator5.4%-6.55% p.a.
HDFC Bank RD Calculator4.25%-6.5% p.a.
Axis Bank RD Calculator5.5%-6.5% p.a.
SBI RD Calculator6.05%-6.4% p.a.
Co-operative Banks RD CalculatorVaries by bank
"I'd been running a ₹2,000 RD for years. Now half of it goes into gold every month, same habit, and I can pause it whenever I need to."
Everything about RD calculators
What is an RD calculator?
A recurring deposit (RD) lets you save a fixed amount every month with a bank or Post Office, at a fixed interest rate, for a set tenure. You don't need a lump sum. It builds a habit of regular saving, one instalment at a time.
Because every instalment earns interest for a different number of months, working it out by hand is slow. An RD calculator does it instantly and shows what you keep after tax.
How to use the RD calculator
- Enter your monthly deposit: type it or tap a preset.
- Set the interest rate your bank offers.
- Choose the tenure in years.
- Pick your tax slab to see interest after tax.
Why use an RD calculator
- Plan with certainty: know the exact amount your deposits will reach.
- No manual maths: accurate results in seconds.
- Free and unlimited: try different amounts and tenures as often as you like.
How RD maturity is calculated
Most banks compound RD interest quarterly. Each instalment is calculated on its own, then all are added together.
How Gold SIP value is calculated
A Gold SIP buys gold at each instalment. Its value grows with the gold price, so we use a monthly rate derived from the long-term average.
RD calculator questions
What is an RD calculator?
An RD calculator estimates recurring deposit maturity amount, total deposit, interest earned and tax impact from your monthly deposit, RD interest rate and tenure. It is useful because each monthly instalment earns interest for a different number of months.
How is RD interest calculated?
Most Indian banks and Post Office RDs use quarterly compounding. The calculator compounds each monthly instalment for the time it remains invested, then adds all instalments together to show the maturity value.
Is TDS applicable on RD?
Yes. Banks deduct TDS on RD interest once it crosses the annual threshold. The interest is also added to your income and taxed at your slab rate. Pick your slab in the calculator to see what you keep.
What is the minimum amount to start an RD?
Most banks let you start from ₹100 to ₹500 a month, and Post Office RDs from ₹100. A Gold SIP on Spare8 starts at ₹10.
Can I break my RD prematurely?
Yes, most banks allow it, but usually charge a penalty and pay a lower rate than agreed. A Gold SIP can be paused or stopped anytime with no penalty.
What is the tenure range for an RD?
Most bank RDs run from 6 months to 10 years, often in monthly or quarterly tenure options. SBI starts at 12 months, while Post Office RDs run for 5 years.
Which RD interest rate should I enter?
Use the rate published by your bank for the exact RD tenure and customer type. Senior citizen rates, special-tenure rates, NRE/NRO eligibility and premature-closure rules can differ by bank.
What happens if I miss an RD instalment?
Banks usually charge a small fee for each missed instalment, and several missed payments can close the account. With a Gold SIP, a missed payment simply doesn't buy gold that day.
Is a Gold SIP better than an RD?
They do different jobs. An RD gives a fixed, guaranteed return. Gold has grown faster over the long run but can fall in the short term. Many people keep their RD and run a small Gold SIP beside it.
Save like an RD.
Grow like gold.
Start a daily, weekly or monthly Gold SIP from ₹10 on UPI autopay. Pause anytime, no penalty.
Methodology. RD maturity sums each monthly instalment compounded quarterly, as most Indian banks and the Post Office calculate it. Gold SIP values use a ~11% p.a. long-term gold price average applied monthly; gold prices can fall and returns are not guaranteed. Tax is simplified to your slab rate on RD interest. Review current bank terms and consult a professional before deciding.