RD Calculator
Calculate your Recurring Deposit maturity amount, interest earned, and investment growth with our advanced calculator. Plan your savings with precision.
Investment Details
₹5,000
7.5%
36 months (3 years)
Projected Results
Total Investment
₹1,80,000
Total Interest
₹21,750
Maturity Value
₹2,01,750
RD Growth Projection
RD vs FD: Key Differences
Recurring Deposit (RD)
- Regular monthly deposits instead of lump-sum investment
- Ideal for salaried individuals with fixed monthly savings
- Lower minimum investment requirements
- Flexibility in choosing monthly deposit amount
- Interest compounded quarterly
- Tenure typically ranges from 6 months to 10 years
- Premature withdrawal allowed with penalty
Fixed Deposit (FD)
- Requires a lump-sum investment at the beginning
- Ideal for those with existing capital to invest
- Higher minimum investment requirements
- Fixed amount locked in for the entire tenure
- Interest compounded quarterly or annually
- Tenure ranges from 7 days to 10 years
- Premature withdrawal penalties vary by bank
Which to Choose?
- Choose RD if you want to save small amounts regularly
- Choose FD if you have a lump-sum amount to invest
- RD helps cultivate a savings habit with discipline
- FD provides slightly higher interest rates for larger amounts
- Both are safe investment options with guaranteed returns
- RD is better for long-term wealth accumulation
- FD is better for parking existing funds for fixed periods