FD & RD Calculator
Estimate returns on your Fixed Deposits (FD) and Recurring Deposits (RD) with customizable compounding frequencies.
Growth Comparison over Tenure
Frequently Asked Questions
What is the standard compounding frequency for FDs in India?
Standard bank Fixed Deposits in India default to quarterly compounding. This means the interest is calculated and added to the principal balance every 3 months.
How is Recurring Deposit (RD) interest calculated?
RD calculations in India use the Indian Banks Association (IBA) guideline model. Interest is calculated on the deposits made every month but compounded quarterly, ensuring regular savings grow in a structured risk-free format.
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