How Recurring deposit account are benefit to customers ??
Answers
Answered by
2
Answer:
In case of a fixed deposit, you have to deposit all the money at one go. Plus, the minimum deposit in case of an FD is usually Rs 10,000. However,recurring deposits allow you to save small amounts regularly and earn the same attractive interest rate.
Explanation:
Mark me as brainlist ❤️
Answered by
2
Answer:
Recurring deposits are as old as savings for the banking customer. Before the country was taken over by systematic investment plans (SIP) of mutual funds, a recurring deposit was the most popular way of saving money regularly for a guaranteed interest rate.
Explanation:
mark as brainlist plss
Similar questions