Recurring Deposit(RD) Calculator


Compounding Frequency

What is a Recurring Deposit (RD)? 

A Recurring Deposit (RD) is a type of term deposit offered by banks and financial institutions. It allows individuals to save a fixed portion of their income regularly over a predetermined period. 

Why to use Recurring Deposit (RD) Calculator?

RD Calculator is used to determine the amount of money you will receive once your RD matures. Moreover, it  helps you get the results immediately and the process is hassle-free. 

How to use SBS Recurring Deposit Calculator?

  1. Enter the amount that you will deposit every month.
  2. Enter the tenure of your RD investment.
  3. Enter the interest rate offered by your bank on RD (In case you don’t know the interest rate please visit our recurring deposit listing page).
  4. Choose the compounding frequency.
  5. Click on 'Calculate'. The results will be displayed immediately.