Fixed Deposit vs Recurring Deposit – FD vs RD – Which is better?

Fixed Deposit vs Recurring Deposit – FD vs RD – Which is better?

 

Returns: When returns in FD or RD are compared, then FD seems to give higher returns. The reason is that in RD, the account holder deposits monthly and therefore, the interest is also earned accordingly. Usually, the FD amount is deposited once, and is a lump sum that earns a higher interest rate.

 

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