How to use the Scorp RD calculator ?

The RD calculator available at the scorp website is straightforward to use and does not require any subject expertise. Here is a step-by-step guide for using this calculator.

Step 1: Input the monthly amount you would be putting in the recurring deposit

Step 2: Enter the number of years and the expected rate of return.

The total value of the investment after the tenure will be expressed within seconds.

Advantages of using RD calculator.

It is a time-saving instrument and performs the calculations in seconds, and the entire procedure starting with visiting their website takes no more than 1-2 minutes.
It is always accurate. There is no chance of any mistakes or ambiguity if you input every variable correctly.
This is free to use as many times as a depositor wishes. You can input one or more of the variables in as many variations you want.
Recurring deposit is considered a stable financial investment with potentially high returns. You may compare the performances of several other investment schemes for the same amount using online calculators available and make a decision accordingly