Which is Better FD or RD?

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Which is Better FD or RD? – I am writing to seek your valuable insights and recommendations on a topic that many of us encounter when planning our finances: Fixed Deposits (FD) vs. Recurring Deposits (RD) in India.

As I contemplate various investment options for saving and growing my money, I find myself torn between FDs and RDs. Both options offer different features, benefits, and potential returns, making it challenging for me to decide which avenue to pursue.

If any of you have experience or knowledge in this area, I would greatly appreciate your input. Factors such as interest rates, liquidity, flexibility, tax implications, and overall suitability for different financial goals are important considerations for me.

Your insights and recommendations will not only help me make an informed decision but also benefit other forum members who may be grappling with similar decisions.

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