MoneyVerse · Savings · Monthly Plans
Recurring Deposit (RD) in India
Learn how recurring deposits work in India and estimate RD maturity with a free calculator for monthly savings.
An RD lets you save a fixed amount every month and earn deposit interest — useful for short-to-medium goals like gadgets, travel, or festival budgets.
Compare RD with SIP: RDs are more predictable; SIPs can grow faster but with market risk.
- Pick tenure matching your goal date
- Automate monthly debit to stay consistent
- Check premature closure penalties
Tools & next steps
Frequently asked questions
RD or SIP — which should I choose?
Use RD for near-term goals needing stability. Use equity SIPs for long-term goals where you can tolerate market ups and downs.
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Educational content only — not investment, tax, or credit advice. Verify rates and rules with banks, SEBI-registered advisors, or official government sources.