Simple tips on saving money using Recurring Deposits

Simple tips on saving money using Recurring Deposits

Talking about the simplest financial product provided to us by the banks we have a very simple type of deposit known as the recurring deposit. A Recurring Deposit which is also known as RD is a specific type of term deposit which is offered by the banks to their customers. This is a type of investment in which the investor if he can, deposits a definite sum of money after every regular intervals to in…

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