Math, asked by sharmariya3525, 7 months ago

comment whether RD account is beneficial or not.
give me honest answer ​

Answers

Answered by harshit100064
2

Answer:

As a Recurring Deposit scheme requires you to make fixed monthly investments, it helps inculcate a savings discipline. It is beneficial more so for salaried individuals who have multiple financial goals to fulfil with a fixed income. RD interest is calculated at a fixed rate throughout its tenure.

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