Recurring Deposit (RD) is a popular investment option in India. It comes with an option of flexibility for customers in the choice of best RD schemes and tenure, accompanied by the highest RD interest rates.
Fixed and recurring deposits are almost similar investment instruments. However, you have to make fixed monthly deposits in recurring deposits for good returns.
RD Interest Calculator enables depositors to plan their future needs with greater clarity with the exact accrued interest on recurring deposits.
Investors can thus choose a minimum amount of RD installment as a sip investment every month over the term for assured wealth generation. If you do not have a lump sum amount to meet short-term goals, depositing a small share of your income to the KTNL RD account every month serves the purpose well. RD allows you to earn fixed interest on the amount invested at frequent intervals until the investment matures or a pre-determined term ends.
Recurring Deposit Calculator In Kovai Tech Nidhi Ltd
We offer an annual interest rate of 9.5% on recurring deposits. The RD Calculator can show you the results of your returns on recurring deposits by recurring deposit maturity calculator.