RD Calculator (Recurring Deposit)

Disclaimer: RD interest is taxable. Bank rates may vary.
What is RD? Recurring Deposit allows you to save a fixed amount every month with your bank, earning interest similar to an FD.
RD vs SIP: RD offers guaranteed returns but lower growth (6-7%). SIPs in Debt/Equity funds offer potential for higher returns (8-12%) but with market risk.

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