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RD Calculator

Estimate the maturity value of a recurring deposit — a fixed amount paid every month — with quarterly compounding.

Monthly deposit (₹)
Interest rate (% p.a.)
Tenure (months)
Total deposited
₹1,80,000
Interest earned
₹19,122
Maturity value
₹1,99,122

Recurring deposits are compounded quarterly by banks. This assumes each instalment is paid on time; a missed instalment usually attracts a small penalty and lowers the maturity value.

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