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ProFinCalRD Calculator
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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.