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Each monthly instalment earns interest for the months remaining until maturity, compounded quarterly in the usual RD convention. Because deposits are staggered, early instalments earn more than the last one — the tool sums them all.
The maturity shown is before tax, and RD interest is taxable. Enter the number of monthly instalments and the annual rate from your RD terms; there is no live rate lookup.
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Monthly EMI, total interest, and total payment from principal, rate, and tenure.
Monthly EMI, total interest, and total payment from principal, rate, and tenure.
Monthly EMI, total interest, and total payment from principal, rate, and tenure.
Monthly EMI, total interest, and total payment from principal, rate, and tenure.
Future value of a monthly SIP at an assumed annual return.