Welcome to the HDFC RD Calculator! If you’re planning to invest in a recurring deposit (RD) with HDFC Bank, this tool helps you easily calculate the maturity amount, interest earned, and total investment over your chosen period.
Results
| Year | Invested Amount (₹) | Earned Interest (₹) | Total Maturity (₹) |
|---|
The HDFC RD Calculator allows you to adjust key parameters like monthly deposit, investment period, and interest rate to see the potential return on your investment.
How Does the HDFC RD Calculator Work?
To get an accurate estimate of your RD maturity amount, you’ll need to input the following details:
- Monthly Deposit (₹): The amount you plan to invest every month.
- Investment Period (Years): The duration for which you want to make monthly deposits.
- Interest Rate (% p.a.): The annual interest rate offered by HDFC for RD.
Key Features of the HDFC RD Calculator
- Real-time Calculation: As you modify the monthly deposit, tenure, or interest rate, the results are updated instantly.
- Detailed Results: Get a breakdown of invested amounts, earned interest, and total maturity value for each year of your investment.
- Interactive Sliders and Input Fields: Adjust values using sliders or manually input the numbers for flexibility.
HDFC RD Calculator – Results
Once you’ve filled in the required details, the calculator will display:
- Invested Amount: The total amount invested over the selected period.
- Earned Interest: The total interest earned on your RD.
- Total Maturity Value: The final maturity value, including both principal and interest, that you’ll receive at the end of the RD term.
Example Calculation
Let’s assume:
- You invest ₹1,000 every month for 5 years.
- The interest rate is 7% per annum.
- The total investment over 5 years would amount to ₹60,000.
- The total maturity value at the end of 5 years, including earned interest, would be ₹80,000 (for example, based on the current rates and calculation).
Why Choose HDFC for Your Recurring Deposit?
- Competitive Interest Rates: HDFC Bank offers attractive interest rates that grow your savings.
- Secure Investment: RD with HDFC Bank is a low-risk investment option with guaranteed returns.
- Flexible Deposit Tenure: Choose a tenure that works best for you, ranging from 1 to 20 years.
Start Planning Your Investment
Use the HDFC RD Calculator now to get an estimate of your future returns! Simply adjust the values for your monthly deposit, investment period, and interest rate to find out how much you will accumulate over time.
CONCLUSION:
- Interest Calculation Method: The interest is calculated monthly, and the maturity amount includes both the principal and interest earned over time.
- Minimum Deposit: The minimum monthly deposit for an HDFC RD is ₹500.
- Maximum Deposit: You can invest up to ₹14,99,900 per month. (In multiples of 500)
- Investment Period: RD tenures with HDFC Bank range from 6 months to 10 years.
you can deposit your RD Returns directly HDFC Fixed Deposits on maturity.
Now, you can confidently plan your savings journey with the HDFC RD Calculator. Use this tool to decide how much you need to invest to meet your financial goals.