A recurring deposit (RD) lets you put a fixed amount into a bank deposit each month. Use this RD calculator to estimate contributions, interest, possible tax withholding and the amount received at maturity. Enter the rate and term from the specific bank product you are considering. Results are illustrations: actual crediting dates, tax treatment and early-closure rules depend on that product.
RD Calculator Nepal
Recurring Deposit estimate with a quarterly compounding assumption · Nepal banks & finance companies
Enter the current rate quoted by your chosen bank for this RD product.
This tool accepts 3 months or more; available terms depend on the bank
Illustrative 5% TDS for qualifying individual deposits (Income Tax Act 2058). Set 0 to exclude TDS.
Early-closure terms vary by bank; check your product document
| Period | Deposit (रू) | Interest (रू) | TDS (रू) | Balance (रू) |
|---|---|---|---|---|
| Click Calculate to see breakdown | ||||
📖 RD Calculator Assumptions
- Compounding assumption: This calculator uses quarterly compounding for its illustration. An individual bank may use different crediting dates or calculation rules for a particular RD product.
- Tenure and interest rate: Available tenures and interest rates vary between financial institutions and may change. Check the selected bank’s current product information before entering a rate.
- Tax estimate: Any tax percentage entered in the calculator is used only to estimate a possible deduction. Applicable tax treatment depends on current law, the depositor’s status and the financial institution’s implementation.
- Premature withdrawal: Closing an RD before maturity may reduce the applicable interest, introduce a penalty or change the final amount. Review the bank’s premature-withdrawal terms before opening the account.
- RD versus FD: An RD normally uses recurring contributions, while an FD normally begins with a one-time deposit. Exact product terms vary by institution.
⚠️ Calculator results are estimates and do not guarantee a maturity value, interest rate or protection from institutional risk. Verify the applicable terms with the selected financial institution.
How to use the Recurring Deposit (RD) Calculator
Start with your bank’s current RD offer. The calculator assumes monthly contributions and quarterly interest crediting for its estimate; your bank may calculate or credit interest differently. The steps below explain each input and how to interpret the result.
Step 1: Set Your Monthly Deposit
- Monthly deposit (NPR): Enter the amount you can deposit every month without disrupting essential expenses. Confirm your bank’s minimum contribution and whether deposits are automatic.
Step 2: Enter the Interest Rate
- Annual interest rate: Use the rate in the bank’s current RD product document. Rates can change for new accounts, so avoid relying on an old comparison or an example rate.
Step 3: Choose Your Tenure
- RD tenure: Enter the number of monthly deposits planned. The tool accepts three months or longer, but the bank may offer different minimum and maximum terms. Confirm the available term before opening an account.
Step 4: Factor in the Taxes
- TDS on interest: The default 5% is an illustration for qualifying individual deposit interest. Your tax treatment can differ by depositor and account type; check current Inland Revenue Department guidance or ask the bank. Set 0% only when you intentionally want a before-tax illustration.
Step 5: Check the Premature Penalty (Optional)
- Premature closure: Enter an assumed reduction only if you want to explore an early-exit scenario. Banks set their own closure rules, and the actual payout may be calculated differently. The regular maturity estimate does not mean you will incur a penalty.
Step 6: See Your Returns
Select Calculate RD Returns to see estimated deposits, interest, tax withholding and net maturity. Compare scenarios by changing one input at a time. The breakdown helps you see how much of the final amount comes from your own deposits.
The headline result is estimated net maturity after the selected TDS assumption. The gross figure before TDS equals your deposits plus estimated interest. Check the bank’s own maturity quote before making a decision.
This is a planning estimate, not a bank quote. Confirm the interest rate, maturity amount, tax deduction and early-closure terms with your chosen financial institution.