What is a Recurring Deposit (RD)?
A Recurring Deposit (RD) is a popular savings scheme offered by banks and the Post Office in India. Unlike a Fixed Deposit where you invest a lump sum, an RD allows you to deposit a fixed amount every month for a predetermined tenure, earning quarterly compounded interest.
RD Calculator
💰 Recurring Deposit (RD) Calculator
Total Invested
Rs. 1,80,000
Interest Earned
Rs. 20,185
Maturity Value
Rs. 2,00,185
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Disclaimer: The calculations provided by these calculators are estimates based on standard rules and current policies. For official government declarations, financial planning, or investments, please consult with a certified financial planner. — Global Info Wiki Editorial Team
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