alexa
 
Home Education What is Recurring Deposit Account?

For more knowledge from around the globe get Indianmoney App Now

Google Play
 
What is Recurring Deposit Account?

What is Recurring Deposit Account?

Friday, February 9, 2018, 1:52 PM

Recurring Deposit is a special kind of Term Deposit offered by banks in India which help people with regular incomes to deposit a fixed amount every month into their Recurring Deposit account and earn interest at the rate applicable to Fixed Deposits. Minimum Period of RD is 6 months and the maximum is 10 years.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!