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FD & RD Calculator (India): Calculate Fixed Deposit & Recurring Deposit Returns

FD & RD Calculator (India)

This FD & RD Calculator helps you accurately calculate Fixed Deposit (FD) and Recurring Deposit (RD) returns using standard Indian banking formulas. It is suitable for conservative investors who want safe, predictable, and risk-free returns.

The FD calculation follows annual compounding, while the RD calculation uses monthly compounding, which matches how most Indian banks calculate maturity amounts.

Fixed Deposit (FD) Calculator

Recurring Deposit (RD) Calculator

What Is Fixed Deposit (FD)?

A Fixed Deposit is a one-time investment where you deposit a lump sum and earn guaranteed interest over a fixed period. FD is popular in India because it offers safety, stable returns, and predictable maturity value.

What Is Recurring Deposit (RD)?

A Recurring Deposit allows you to invest a fixed amount every month. Each installment earns interest for a different duration, which is why monthly compounding is used. RD is ideal for salaried individuals and long-term disciplined savers.

FD vs RD – Which Should You Choose?

  • FD is suitable for lump-sum savings
  • RD is better for monthly investments
  • Both offer guaranteed returns
  • RD helps build saving discipline

Tax & Important Notes

  • FD & RD interest is taxable as per income slab
  • Actual bank rates may differ slightly
  • Senior citizens usually get higher interest

Disclaimer

This calculator is for educational and informational purposes only. Actual returns may vary based on bank policies, compounding frequency, and taxation rules. Please consult your bank or financial advisor before investing.

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