RD CALCULATOR

SELECT THE TERM OF COMPOUNDING

usage:
  1. Check the period(Term) of compounding (above):
    it is quarterly on load
    change if necessary.
  2. Change the monthly instalment Rs as necessary
  3. Change the period in months if necessary
  4. The rate of interest is as per table on left
    corresponding to months and above
  5. The rate table can be modified by clicking
    approproate link below
  6. See the effect of changes in output (red) and
    table below for every change made.
  7. NO EMAIL ID REQD
  8. NO LOG IN
  9. NO ID
  10. SIMPLE CALCULATOR

Monthly instalment:


Period in months:


Rate as per above table:

Click To Change Rate in above table:

  
get table

Maturity:

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month sequence ROUND OFF METHOD TRUNCATING METHOD REVERSE CALC METHOD
month sequence RD AMT Interest Total Intt(trunc) Total(FloorCo) Intt(rev.meth.) Total(matuCo)

In Round off method the interest every month is rounded off to nearest paise


In Truncation menthod the interest every month is taken to the floor ( the lower integer) upto paise


In reverse interest method the maturity amount upto that month is calculated first and then interest is
is calculated by subtracting previous maturity-c/o amount from the current maturity-c/o amount


Maturity:

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