| Feature | Fixed Deposit (FD) | Recurring Deposit (RD) | Loans | Savings Account |
|---|---|---|---|---|
| Interest Rate | 4% - 6% | 4% - 5% | 8% - 12% | 3% - 4% |
| Tenure | 7 days - 10 years | 6 months - 10 years | Short to long term | No fixed term |
| Liquidity | Low (premature penalty) | Moderate (no penalty after lock-in) | Not applicable (borrowing product) | High (easy withdrawals) |
| Tax Benefit | Depends on scheme (Section 80C) | Section 80C | Interest deductible (home loan under 80C) | Interest taxable |
| Risk | Low (guaranteed returns) | Low (guaranteed returns) | Market & credit risk | Minimal |