Calculate Monthly Installment Amount

Calculate Monthly Installment Amount (R)

%
Y M

₹ 1,000
Monthly Installment Amount
₹ 12,196
Maturity Amount
₹ 12,000
Amount Invested
1.64%
Interest % to Total Amount

Recurring Deposit Calculator

What is Recurring Deposit ?

calculate the maturity amount and interest earned on the basis of your monthly deposit. The RD helps you to invest a fixed amount every month, to achieve a lump sum amount along with the interest earned at the end of the tenure.

What is interest rate ?

The annual interest rate, often called an annual percentage rate (APR) and it is change frequently.

What is Maturity Amount ?

It is the total amount that you will get after your time period.

What is No. of year ?

Generally, minimum time period is 6 months and its usually multiple of 3.

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