FD Calculator
Invest a lump sum and earn compound interest.
₹1K₹1Cr
1%15%
1 yr30 yrs
Maturity Value
$0
After 5 years
Principal Invested
$0
Total Interest
$0
About FD & RD
What is the difference between FD and RD?
A Fixed Deposit (FD) is a lump-sum investment made at once, while a Recurring Deposit (RD) involves making equal monthly contributions over a fixed period. Both earn a predetermined interest rate.
How is FD interest calculated?
FD interest is calculated using compound interest: Maturity = P × (1 + r/n)^(n×t), where P is principal, r is annual rate, n is compounding frequency per year, and t is tenure in years.
How is RD interest calculated?
For RD, interest is computed per installment: each monthly installment earns compound interest for its remaining period. Total maturity is the sum of maturity of all installments.
Which is better: FD or RD?
FD is better if you have a lump sum to invest and want higher returns due to compounding from day one. RD is ideal if you want to build savings gradually with regular monthly contributions.