Question

what is recurring Accounts​

Answer 1

$\star \bf\large\underline\blue{Aɳʂɯҽɾ}$

A recurring deposit account is a type of deposit in which there are fixed installments that have to be invested in an account at fixed intervals of time for a pre-decided period. Since the installments recur or fall due at regular intervals, it is called a recurring deposit.

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Answer 2

Answer:

what is recurring Accounts?

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(☞ﾟヮﾟ)☞

Explanation:

(☞ﾟヮﾟ)☞(☞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. ... The rate of penalty will be fixed upfront.