Hindi, asked by satnams1900, 12 hours ago

what is recrruing deposit account??

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Answers

Answered by jeevankumara
1

Answer:

A Recurring Deposit, commonly known as RD, is a unique term-deposit that is offered by Indian Banks. It is an investment tool which allows people to make regular deposits and earn decent returns on the investment. Due to the regular deposit factor and an interest component, it often provides flexibility and ease of investments to users/individuals.

Explanation:

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