Free FD & RD Calculator: Estimate Your Savings Interest & Returns
Planning your financial future requires precision. At ToolzChest, our Free FD & RD Calculator helps you visualize your wealth growth in seconds. Whether you are looking to invest a lump sum in a Fixed Deposit (FD) or save systematically through a Recurring Deposit (RD), our tool provides instant, accurate results to help you reach your financial goals.
Maximize Your Savings with Our Investment Estimator
Understanding the difference between FD and RD returns is essential for smart investing:
Fixed Deposit (FD) Calculator: Ideal for those with a one-time lump sum. Calculate how compounding interest turns your initial investment into a significant maturity amount over months or years.
Recurring Deposit (RD) Calculator: Perfect for monthly savers. See how small, consistent monthly contributions grow over time with earned interest.
How to Use the FD/RD Calculator
Select Investment Type: Choose between FD (Lump sum) or RD (Monthly).
Enter Amount: Input your principal investment or monthly deposit.
Set Interest Rate: Enter the current annual interest rate offered by your bank.
Choose Tenure: Select the duration of your investment in years or months.
View Results: Get a detailed breakdown of your Maturity Amount and Total Interest.
Why Choose the ToolzChest FD/RD Tool?
Instant Accuracy: No more manual math. Get exact maturity values and total interest earned instantly.
Compare Schemes: Easily adjust interest rates and tenures to compare different bank offers and find the best ROI.
User-Friendly Design: A clean, mobile-responsive interface that works perfectly on any device.
Visual Breakdown: See a clear distinction between your total investment and the total wealth gained.