ProFinCal

RD Calculator

Investment
%
mo
Maturity Amount
₹1.99 L
Total Deposited
₹1.80 L
Interest Earned
₹19,232

Frequently Asked Questions

What is the difference between FD and RD?

In FD you invest a lump sum once. In RD you invest a fixed amount every month. RD is better for regular savers while FD suits those with a lump sum.

How is RD interest calculated?

RD uses the formula: M = R × ((1+r)^n − 1) / r × (1+r), where R is monthly deposit, r is monthly rate, and n is tenure in months.

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