RD Calculator
Plan monthly RD savings with compound interest projections and quarterly compounding.
Share:
₹100₹1,00,000
1%12%
6 months120 months
Total Deposited
₹0
Interest Earned
₹0
Maturity Amount
₹0
Month-wise Schedule
| Month | Deposit | Cumulative | Interest | Balance |
|---|---|---|---|---|
| 1 | ₹5,000 | ₹5,000 | ₹0 | ₹5,000 |
| 4 | ₹5,000 | ₹20,000 | ₹225 | ₹20,225 |
| 7 | ₹5,000 | ₹35,000 | ₹678 | ₹35,678 |
| 10 | ₹5,000 | ₹50,000 | ₹1,364 | ₹51,364 |
| 12 | ₹5,000 | ₹60,000 | ₹2,284 | ₹62,284 |
How is this calculated?
Each monthly deposit earns interest from the month it is deposited. The formula is M = R × [(1 + i)^n - 1] / [1 - (1 + i)^(-1/3)] for quarterly compounding, where R = monthly deposit, i = quarterly rate, n = number of quarters.