Explain the statement of R.D of basis is 8.4
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A Recurring Deposit, commonly known as RD, is a unique term-deposit that is offered by Indian Banks. ... An RD account holder can choose to invest a fixed amount each month while earning decent interest on the amount
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Explanation:
A recurring deposit commonly know R.D, is a unique term - deposit that is offered by Indian bank. A R.D account holder can choose to invest a fixed amount each month while earning decent interest on the amount.
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