RD Calculator: Recurring Deposit Interest Rate Calculator
Recurring deposit is among the favorite investment avenue for those who are looking to save money in a systematic manner. This could be monthly bi-monthly, quarterly or even half yearly.
Recurring deposits (RD) are deposits where you can invest a sum each month periodically. This helps to build a corpus at the end of maturity period. Recurring deposits help you to start your saving with a small amount you are left with at the end of the month.
Monthly Installment (Rs.)
Rate of Interest (%)
Saving Term
The schemes are regular monthly deposit ones and so you don't have to fix a lump sum amount in them as you do in case of fixed deposits. Instead, you get a lump sum amount when the deposit matures.
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