FD vs RD Comparison Calculator
🌐 FD vs RD (Same Investment Split) Calculator
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👨💼 PARTHASARATHI PANDA (M.Com)
💰 FD vs RD Calculator (Same Investment Split): Compare Fixed Deposit vs Recurring Deposit Returns
In today’s fast-paced financial world, making the right investment decision is very important. Among the most common and secure investment options in India are Fixed Deposits (FD) and Recurring Deposits (RD). While both are offered by banks and post offices with guaranteed returns, investors often get confused about which one provides better maturity benefits when the same total investment amount is used.
To solve this confusion, we have created an FD vs RD Calculator (Same Investment Split). This tool allows you to check how much difference there will be if you invest a lump sum amount in FD versus investing the same amount in monthly installments as RD. Let’s understand how to use this calculator, the benefits, and how it can help you make smarter financial decisions.
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| FD vs RD Comparison Calculator |
📌 What is FD vs RD Calculator?
The FD vs RD Calculator is an online financial tool that helps you compare the maturity value, interest earned, and total investment between Fixed Deposit and Recurring Deposit schemes. If you have ₹1,00,000 to invest, you can either put the entire amount in FD or break it into monthly installments for RD. This calculator shows you which option gives better returns based on the interest rates and time period you enter.
🛠 How to Use FD vs RD Calculator?
Using the calculator is very simple. Just follow these steps:
- Enter the Total Investment Amount (e.g., ₹100000).
- Enter the FD Interest Rate offered by your bank.
- Enter the RD Interest Rate (may be slightly lower or same as FD).
- Enter the Time Period in years.
- Click on "Compare FD & RD" button.
The result will show a comparison table, along with beautiful charts that make it easier to understand the growth of your investment year by year. You can also print the results directly for future reference.
💡 Example: FD vs RD Comparison
Suppose you want to invest ₹1,00,000 for 5 years.
- FD Interest Rate: 6.5% per year
- RD Interest Rate: 6.2% per year
👉 In FD (Lump sum), your maturity amount will be higher because the entire money earns interest from day one. 👉 In RD, the maturity will be slightly less because your money is invested in parts every month.
Thus, FD usually gives higher returns than RD if both have the same interest rate. But RD is useful if you cannot invest a big amount at once.
🎯 Benefits of Using FD vs RD Calculator
- ✔ Quick comparison between FD and RD returns.
- ✔ Helps you decide whether to invest lump sum or monthly installments.
- ✔ Saves time from manual calculations.
- ✔ Shows growth charts for better understanding.
- ✔ Useful for financial planning and future goal setting.
📊 Difference Between FD and RD
| Feature | Fixed Deposit (FD) | Recurring Deposit (RD) |
|---|---|---|
| Investment Type | Lump sum (one-time) | Monthly Installments |
| Best For | People with large savings amount | People who want to save small amounts monthly |
| Interest Calculation | Compounded on total amount | Compounded on each monthly deposit |
| Returns | Higher (if rate same) | Slightly lower |
| Flexibility | Low – one-time investment | High – suitable for salaried people |
📌 Why FD vs RD Comparison is Important?
Many people invest without calculating the difference between FD and RD. For example, if you have ₹1,00,000 but invest it in RD instead of FD, you may lose a significant interest amount over the years. By comparing both options, you can make a smart financial decision depending on your income pattern and goals.
🙋 Frequently Asked Questions (FAQ)
1. Which is better, FD or RD?
If you have a lump sum amount, FD is better as it gives more returns. If you can only save monthly, RD is a good choice.
2. Is RD risk-free like FD?
Yes, both FD and RD are safe investment options offered by banks and post offices.
3. Can I withdraw RD before maturity?
Yes, but there may be a penalty, and you might get reduced interest.
4. What is the tax on FD and RD?
Interest earned from both FD and RD is taxable as per your income tax slab.
5. How does this calculator help me?
It gives a clear picture of maturity values and helps in financial planning before investing.
📝 Conclusion
The FD vs RD Calculator is a must-have tool for every Indian investor who wants to compare the benefits of lump sum vs monthly investment. It not only saves time but also guides you in making smart investment choices. Whether you are a salaried employee, businessman, or student, this calculator will help you achieve your financial goals efficiently.
👨💼 Author: PARTHASARATHI PANDA (M.Com)
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