Business Studies, asked by sheetalrajbhar111ssy, 1 year ago

definition of recuring deposit

Answers

Answered by priyanka9755
1
recurring deposit means continues comes money to the bank
Answered by satyam7721
0
Recurring deposit is a special kind of Term Deposit offered by bank in Indiawhich help people with regular income with 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 six month and maximum is 10 years

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