Business Studies, asked by fouziyak0786, 7 months ago

What do you understand by a recurring account?​

Answers

Answered by Poulami410
3

Answer:

A recurring deposit is a special kind of term deposit offered by banks which help people with regular incomes to deposit a fixed amount every month into their recurring deposit account and earn interest at the rate applicable to fixed deposits.

Explanation:

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Answered by Anonymous
1

Answer:

A recurring deposit is a special kind of term deposit offered by banks which help people with regular incomes to deposit a fixed amount every month into their recurring deposit account and earn interest at the rate applicable to fixed deposits.

Explanation:

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