How RD Interest Is Calculated
Each monthly installment earns interest from the date of deposit until maturity. The first installment earns interest for the full tenure; the last installment earns interest for just one month. The total is the sum of all installments plus compounded interest.
RD vs FD: Quick Comparison
RD: Invest small amounts monthly. Best when you don't have a lump sum. FD: Invest a lump sum at once. Usually gets a slightly higher interest rate. Both are safe, guaranteed-return instruments.
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After opening your RD, add it to RupeeTracker. Track monthly installments, total deposited amount, and days until maturity — all in one dashboard alongside your FDs and other investments.
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