Frequently Asked Questions

Find answers to common questions about using Paylic's financial tools.

Are the calculators free to use?

Yes, all of our financial tools and calculators are 100% free to use. We believe in providing accessible financial education and planning resources for everyone.

How accurate are the exchange rates in the Currency Converter?

Our Currency Converter pulls live data from ExchangeRate-API. The rates are highly accurate and updated continuously throughout the day.

Is my financial data saved or tracked?

No. All calculations are performed directly in your browser. We do not store, track, or share any of the financial figures you input into our calculators.

What is the difference between an FD and an RD?

A Fixed Deposit (FD) requires a single, lump-sum investment upfront that earns interest over a fixed term. A Recurring Deposit (RD) allows you to invest a fixed amount every month over a set term. Use our FD vs RD calculator to see which yields better returns for you.