Recurring Deposit Calculator Nepal – Calculate Your RD Maturity Amount

What Is a Recurring Deposit?

A recurring deposit is a savings product where you deposit a fixed amount every month for an agreed term, and the bank pays interest on the growing balance. At the end of the term you receive your total deposits plus the interest they earned. A recurring deposit calculator shows you what that final figure looks like before you commit, including the interest earned and the tax deducted at payout.

The key difference from a fixed deposit is the starting point. A fixed deposit needs one lump sum up front. A recurring deposit lets you build the same savings from monthly income, which suits salaried earners who cannot set aside a large amount at once.

Recurring deposits in Nepal are offered by commercial banks, development banks, and finance companies licensed by Nepal Rastra Bank, usually with terms from six months and above.