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Compare the interest from SIP investments to the maturity value from India's RD plans using the RD Calculator. Find out more about calculating RD interest.
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RD Calculator About rd calculator Advantages of an RD Calculator
About RD Calculator • Investment instruments called recurring deposits mimic fixed deposits. Fixed deposits and recurring deposits are fundamentally different in that the latter allows you to invest regular sums at regular intervals as opposed to a large sum all at once. If you invest in an RD, you form the habit of regular, disciplined saving and investment. The ideal candidates for these deposits are those who have a steady source of income, such as a salary. Before applying for an RD, you might want to assess your potential returns. A simple internet tool that can help with this is the RD calculator.
Advantages of an RD Calculator • The calculator makes it simple for investors in mutual funds to arrange their finances in a clear and understandable way by providing up-to-date amounts of accrued interest in the future. • Investors can save time and effort by using the calculator. • Because these RD calculators are so accurate, financial planning becomes wise when decisions are made with knowledge.
