Bank Deposit

"With time your needs will grow, don't just keep the money in bank but grow your money through Bank Deposit to complete your increasing need"

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Fixed deposit:

Fixed deposits [FD] is a type of Bank deposit offered by the bank in helping the investors in getting a higher rate of interest, than regular savings account on the maturity date for which it was kept, Fixed Deposits are similar to the lumpsum amount in mutual funds.

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Fixed Deposit

Recurring Deposit:

Recurring Deposit [RD] is a special kind of Bank 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.

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Recurring Deposit

Bank deposits carry with it cash placed into banking institutions for safekeeping.

These deposits area unit created to deposit accounts like savings accounts, checking accounts and securities industry accounts.

The account holder has the right to withdraw deposited funds, as set forth in the terms and conditions governing the account agreement.