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Recurring Deposit Calculator


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开发 Sarath Babu Shanmugam
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Recurring Deposit is a special type of deposit account which enables a investor particularly in fixed income group to save by paying into the account an agreed fixed sum of money monthly over a stipulated period.
The deposits in this type of account earn compound interest on quarterly basis.
A basic saving plan, which helps you regulate your savings and reap its benefits from time to time.
NO TDS (Tax Deducted at Source) is applicable in these accounts.