1000 रुपए बचा के पायें एक लाख | Recurring Deposit |RD | sharp tutors

#recurringdeposit #rd #postofficescheme
RD (Recurring Deposit)
Recurring Deposit is a special kind of term deposit offered by bank 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 deposit.
It is similar to making fixed deposits of a certain amount in monthly installments for example rupees 1000 every month.
This deposit matured on a specific date in the future along with all the deposit made every month.
Recurring deposit allows customers with an opportunity to build up their savings through regular monthly deposits of fixed sum over a fixed period of time.
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