Decide between Fixed Deposit (lump sum upfront) vs Recurring Deposit (monthly contributions). FD wins on simplicity and slightly higher returns; RD wins on cash-flow flexibility and disciplined saving. The calculator computes both for the same total investment + tenure, so you can pick.
When to use this
Use when: deciding what to do with a year-end bonus (FD if invest now, RD if want to spread out), planning a recurring savings habit, comparing returns when total investment is constrained by monthly cash flow.
Frequently Asked Questions
Why does FD earn more than RD for the same total investment?
FD has the full principal earning interest from day 1. RD's principal builds up monthly - month 1 deposit earns interest for the full tenure, but month 60 deposit earns interest for only that one month. The compound effect favors FD.
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