Know the Difference between RD and FD?- Watch VideoEveryone wants to save a part of their income and invest it in such a way that the money remains safe and doubles as soon as possible. For this, people adopt different methods of investment, which include FD, RD, LIC, Shares, Mutual Fund etc. Money is deposited in FD in one go while money is deposited in installments in RD. In RD, interest is available on a quarterly or monthly basis, while in FD, interest is available on maturity. Money has to be deposited once in FD and after that there is no headache, but in RD money has to be paid continuously.

Source: Dainik Jagran July 07, 2023 17:55 UTC