The next page will show you how much interest you will be able to earn on maturity, from your investment.Ĭalculation of Recurring Deposits maturity amount: In case of an RD, the maturity amount the investor receives at end of the tenure is the sum of the principal amount and the interest earned over the investment period, wherein the interest is compounded quarterly. After keying in all the information, click on the ‘calculate’. Hence you also have to identify if you are one. Senior citizens get a slightly higher return. Next, choose the tenure of your savings, the period for which you want your money to be invested. Put in the amount that you want to save every month in your RD account.
Using RD calculator: Log in to the HDFC’s official website, to use the HDFC RD calculator. Top 5 investment themes that may shape the stock market in 2024
