Savings Calculator
Savings Projection
Yearly Growth
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About Savings Options
Choose the right savings instrument based on your financial goals and risk appetite. Each option offers different interest rates and compounding benefits.
Fixed Deposits (FD)
• Fixed interest rate for the tenure
• Higher interest than savings accounts
• Premature withdrawal penalties
• Interest compounded quarterly/annually
Recurring Deposits (RD)
• Fixed monthly investments
• Disciplined savings approach
• Interest compounded quarterly
• Lower minimum investment than FDs
Savings Accounts
• Highly liquid with no lock-in
• Lower interest rates (3-4%)
• Interest compounded daily/monthly
• No penalty on withdrawals