FD vs. RD Calculator
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FD vs RD Comparison
Everything you need to know to make the best financial decisions.
How it Works
- Input a lump sum for Fixed Deposit.
- Input a monthly deposit for Recurring Deposit.
- Compare the maturity values and total interest earned side-by-side.
The Formula
FD: A = P(1 + r/n)^(nt)
RD: M = R[(1+i)^n - 1]/1-(1+i)^(-1/3)
Calculations depend on quarterly compounding.
RD: M = R[(1+i)^n - 1]/1-(1+i)^(-1/3)
Calculations depend on quarterly compounding.
Pro Tip
"FDs are great for lump sums, but RDs force financial discipline by making you save a portion of your salary every month."