Recurring Deposit

The interest rates offered on Recurring Deposits fluctuate with inflation. Banks offer recurring deposits with a tenure that ranges from 1 to 10 years. Recurring Deposit provides customers with the flexibility to invest an amount of…

Recurring Deposit: As inflation rates are going up each month, the middle class Indian citizen bears the brunt of shelling out more money for every little thing they want to buy. During these times, savings are what pulls one out of any…

New Delhi: State Bank of India (SBI), the country’s largest state-owned bank, has revised the interest rate it offers on Recurring Deposit (RD) accounts. For the unversed, Recurring Deposit is a savings scheme in which an investor has to…