Title | What is the difference between fixed deposit and recurring deposit |
URL | https://www.moneyedge.co.in/difference-between-fixed-and-recurring-deposit.html |
Category | Finance and Money --> Financing |
Meta Keywords | fixed deposit, recurring deposit, benefits of fixed deposit, benefits of recurring deposit, types of fixed deposit |
Meta Description | Fixed Deposit (FD) and Recurring Deposit (RD) are both popular investment options offered by banks and financial institutions. |
Owner | Aman |
Description |
RD and FD are types of deposits, with RD being a fixed deposit and FD being a regular, fixed monthly payment. Both types earn interest over time, providing a steady stream of money for investment. |