Recurring Deposit (RD) – Maturity calculator

Recurring Deposit (RD) is a special type of deposit scheme offered by Post Office and Banks, where a fixed amount is deposited every month for a fixed period and deposit amount along with compounded interest can be obtained at the time of maturity. Generally interest is compounded in quarterly basis. This article is intended to help you to understand everything you need to know about recurring deposits.

Click here to read Complete details of Recurring Deposit (RD) of Post Office and Banks

Anish L J
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Anish L J

Anish L J is a 'Financial Planner' and member of Chartered Insurance Institute(CII), London. He is also a finance, insurance and software consultant with more than 20 years of experience in these fields. He thoroughly follows developments in insurance and finance. 'INSURANCE FUNDA' (www.insurancefunda.in) is his endeavor to provide simple and solid solutions in the Insurance and Finance sectors.
Anish L J
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