HDFC Bank Recurring Deposit (RD) Calculator
Estimate your cumulative maturity savings with HDFC Bank Recurring Deposits using quarterly compounding.
Official Rate Formula & Benchmark:
HDFC Bank Recurring Deposits accumulate quarterly compounding interest on monthly instalments. For a 3-year RD, the rate is 7.00% p.a. (7.50% for seniors).
Current official starting rate: 7.00% p.a. (Range: 7.00% – 7.50% p.a.).
HDFC Bank RD Calculator
Interactive calculation engine using official HDFC Bank rates
Senior Citizen Benefit
HDFC Bank offers 7.50% p.a. (+0.50% extra) for age 60+
RD Accumulation Schedule
| Year | Deposited To Date | Cumulative Interest | Closing Balance |
|---|---|---|---|
| Year 1 | ₹1,20,000 | ₹4,621 | ₹1,24,621 |
| Year 2 | ₹2,40,000 | ₹18,198 | ₹2,58,198 |
| Year 3 | ₹3,60,000 | ₹41,373 | ₹4,01,373 |
Rate Verification & Official Notice
7.00% p.a.
7.00% – 7.50% p.a.
fixed RateRBI Repo Linked / Card Rate
Senior Citizens: up to 7.50% p.a.Applicable Conditions & Eligibility Factors:
- Quarterly compounding on monthly instalments
- Senior citizens get 50 bps extra
Source: HDFC Bank RD Rates Card
Rates subject to borrower risk-grade & RBI regulatory changes.How It Works
- 1Compounded quarterly per IBA standards.
- 2Automated standing instruction from savings account.
Key Factors Influencing Your Rate
- •Senior citizen 0.50% extra
- •Minimum tenure 6 months
Worked Numerical Example: HDFC Bank RD Calculator
Depositing ₹10,000 monthly for 3 years (36 instalments) at 7.00% p.a. quarterly compounding yields ₹4,01,373 at maturity on total deposits of ₹3,60,000, earning ₹41,373 in interest.
Frequently Asked Questions: HDFC Bank RD Calculator
- What is minimum RD amount in HDFC?
- ₹1,000 per month.
- Can I book online?
- Yes, via NetBanking or MobileBanking app.