RD Monthly Installment Calculator
Find the monthly RD installment needed to reach your target
Details
Enter your target amount and click Calculate
Required Monthly Installment
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Deposit this amount every month to reach your goal
How to Use
- Enter your Target Maturity Amount — how much you want to accumulate.
- Enter the Annual Interest Rate your bank offers on RDs.
- Enter the Tenure in months.
- Click Calculate — see the exact monthly instalment required.
Goal-Based RD Planning
Instead of asking "how much will I earn?", this calculator flips the question: "How much do I need to save monthly to reach ₹X?" This is called goal-based financial planning. Whether you're saving for a vacation, a gadget, or a down payment — enter your target and get the exact monthly amount.
How to Use This Effectively
- Emergency fund: Target 6× monthly expenses. If your expenses are ₹30,000/month, aim for ₹1,80,000 in 12 months — this tool tells you to save ₹14,600/month at 7%.
- Festival / vacation fund: Plan 6–12 months ahead. Small amounts add up with interest.
- Down payment for vehicle: Set a target and discipline your savings automatically.
RD vs Savings Account
A savings account earns 3–4% p.a. An RD typically earns 6.5–7.5%. On a ₹5,000/month deposit over 2 years, the extra ~3.5% translates to approximately ₹2,500 more interest — a meaningful difference for short-term goals.