Which type of deposit is better: a fixed deposit or a recurring deposit?
Fixed deposits and recurring deposits are two of the most popular savings choices for those who want to increase their savings while maintaining simplicity and safety. Investments in FDs and RDs offer fixed returns over a certain period of time with no risk, which is one of its main benefits. When you compare the two investing alternatives, a fixed deposit pays you more than a recurring deposit even though both provide the investor guaranteed returns.