Recurring Deposit or RD is one of the most popular investment options in India that guarantees fixed returns. An RD account can be opened with any bank or post office by depositing a fixed amount ...
RD Vs SIP Calculator: According to Post Office RD Calculator, if you invest Rs 5,000 per month for five years the total return on your investment will be Rs 48,740 (with monthly compounding frequency) ...
As per the SBI's official website — sbi.co.in — the SBI RD interest rate is 5.3 per cent for 3-5 year tenor while the SBI RD interest rate for above 5 year tenor is 5.4 per cent, if the SBI depositor ...
Any individual A minor above the age of 10 years can open an RD account by providing proof of the name A minor below the age of 10 years or is 10 years of age can open an RD account under his guardian ...
Axis Bank's recurring deposit helps you build your savings through systematic deposits, every month. Earn a higher interest rate depending on the amount of installment and the deposit period, on your ...
Here are a few important points to consider before opening a RD account in bank or post office. Recurring Deposit In Post Office: One of the primary principles of investing is to save regularly ...