RD/FD Calculator 1.2.1

Compound interest is often referred to as the eighth wonder of the world. As Albert Einstein famously said, "He who understands it, earns it ... he who doesn't ... pays it."

Utilize this RD/FD Calculator to discover the potential earnings with this remarkable phenomenon.

Fixed Deposits (Term Deposits) and Recurring deposits are considered to be prudent investment avenues for individuals seeking favorable returns with minimal risk.

This application facilitates the computation of the maturity amount and interest for your FD/RD investments.

Features:

• Free, Offline, ad-free, clean & simple UI
• Switch between FD (Fixed Deposit) and RD (Recurring deposit) instantaneously
• Plan your investment with FD and/or RD and anticipate future outcomes
• Instantly view interest and maturity value while entering data
• Share results with friends

How to use:

Fixed deposit interest calculator (FD calculator)

• Select the "Fixed" option for fixed deposit interest calculation
• Input total deposit amount, Rate of interest, and time period for your fixed deposit
• Choose the compounding frequency: yearly, half-yearly, quarterly, or monthly
• Your maturity amount and interest will be displayed as you input data

Recurring deposit interest calculator (RD calculator)

• Select the "Recurring" option for Recurring deposit (RD) interest calculation
• Provide Monthly installment amount, Rate of interest, and time period for your Recurring deposit
• Select the compounding frequency: yearly, half-yearly, quarterly, or monthly
• Your maturity amount and interest will be displayed as you input data

Help note: Most banks compound interest quarterly.

Experience its functionality first-hand. Your feedback is valuable to us.

Tags: FD Rate Calculator, FD Calculator, RD Calculator, Banking Calculator, Interest Calculator, Best FD Calculator

Thank you!