Compare FD vs RD with consistent assumptions for tenure, rate, and cashflow pattern to choose the right product for your goal.
FD vs RD Calculator
Compare fixed deposit and recurring deposit returns. Enter FD lump sum and/or RD monthly amount with the same rate and tenure to see maturity and interest.
Compare FD & RD
Comparison
FD: A = P(1+r/n)^(nt). RD: Maturity = Σ (monthly × (1+r/n)^(periods left)). Same rate and tenure; compare maturity.
FD uses one lump sum; RD uses monthly installments. For similar total investment (e.g. FD ₹1L vs RD ₹8333×12), FD usually yields more due to full principal compounding from start.
FAQs
Key Terms
- Maturity amount
- Final value received at deposit end: principal plus accumulated interest.
- Compounding
- Interest earned on both principal and previously earned interest.
- Annualized rate
- Interest rate quoted for one year; converted internally for period-wise calculations.
Benefits of This Calculator
- Quickly compare tenure and rate combinations before locking deposits.
- Understand maturity, principal, and interest split through chart-style outputs.
- Use formula and FAQ context to validate bank app numbers confidently.