FD vs RD: Which is the Best Investment option in 2024

When it comes to safeguarding a financial future, Fixed Deposit (FD) and Recurring Deposit (RD) have appeared as popular investment options among investors. If we talk about fixed deposit, it is an investment option offered by banks and financial institutions where you are supposed to deposit a one-time lump sum amount for a specified period. Whereas a recurring deposit demands a fixed investment at regular intervals, usually every month. However, with both being secure investment options with guaranteed returns, many investors often get confused between the two. So, to solve their dilemma, here’s a list of things to consider before opting for any investment.

FD vs RD: The choice is yours!

So, before investing, consider the above table and make a choice suitable for your financial future.