Question 1

How is FD interest compounded?

Accepted Answer

Reinvest uses the frequency you pick (monthly, quarterly, or yearly). Payout is simple interest on the principal. The rate is what you type.

Question 2

Is TDS shown?

Accepted Answer

No. Tax is not on the AsliCost roadmap. Confirm the bank certificate before you book.

Question 3

How is RD different from FD?

Accepted Answer

An RD adds a monthly credit, then grows at a monthly equivalent of the annual rate you type. An FD is a single deposit.