Math, asked by dineshmaurya80333, 1 year ago

what is recurring deposit account?

Answers

Answered by sheenujsph

10

Answer:Recurring Deposit is a special kind of Term Deposit offered by banks in India 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. ... Minimum Period of RD is 6 months and maximum is 10 years.

Step-by-step explanation:

Answered by yashwanthSN0247

13

hope my answer helps you.

Attachments:

Previous Question

Next Question

Similar questions

Math, 6 months ago

if a man have to cover the distance of 1.6 kilometres in 7 minutes then how much speed does he want to cover the distance...

Physics, 6 months ago

how can you distinguish between real images formed by convex, concave and plane mirror?

Math, 6 months ago

SO, Exercise 14B Factorise: 1. (x+3)x + (x+3) y 4. 2(x - a)? + 4m(x - a) 7. (x + y)2 + (x + y) 10. a (x + y + z) + b (x + y + z) + (x + y + z) 12. a(a - 2c) + b(a - 2c) + (2C - a) 172...

English, 1 year ago

(Voice charge) Might i use your phone?

Math, 1 year ago

the length of one diagonal of rhombus is greater than another diagonal by 5 , if the area of rhombus is 36sq.cm then find the length of both diagonal of rhombus...

Biology, 1 year ago

How does pollen grains of vallisneria protect themselves?

Biology, 1 year ago

How does human population growth affect biodiversity?

Science, 1 year ago

Why we feel hot when we place detergent on our wet hand.