Recurring Deposit is a savings option that helps you plan for your future needs. People with regular income can make a financial provision for the future by investing a small amount of their income regularly in a recurring deposit (RD) for a pre-determined period and earn interest on those investments, as high as fixed deposits. When your deposit finally matures, the lump sum including the principal and accumulated interest is paid back to you. More importantly, the interest on RD remains same throughout the term once you have invested, unlike many other investment products which are subject to periodic change. No matter what the interest rate being offered, you can easily estimate your potential earnings by using a Recurring Deposit Calculator.