MoneyMetic

FD & RD

Fixed or recurring deposits with a chosen compounding frequency, interest-tax assumption and maturity breakdown.

Your inputs

Example amounts are editable. Currency changes labels, not amounts.

Your calculation

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Method & assumptions

How this is calculated

Maturity uses the monthly equivalent of (1 + annual rate / compounding frequency)^frequency. RD deposits are made at the beginning of each month.

The annual rate is your input, unchanged. No premature-withdrawal charges. RD deposits start at the beginning of each month. Fractional compounding periods use an equivalent monthly rate; bank day-count, rounding and tax withholding can differ.