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A Recurring Deposit (RD) is a type of term deposit offered by banks and financial institutions where you deposit a fixed amount every month for a predetermined period, earning interest at a fixed rate. At maturity, you receive the total principal plus compounded interest.
| F.D. Amount(Rs.) | 12 Months @ 9% | 24 Months @ 10% | 36 Months @ 11% | 79 Months @ 11% |
|---|---|---|---|---|
| 5000/- | 5450/- | 6050/- | 6838/- | 10000/- |
| 10000/- | 10900/- | 12100/- | 13676/- | 20000/- |
| 20000/- | 21800/- | 24200/- | 27353/- | 40000/- |
| 50000/- | 54500/- | 60500/- | 68382/- | 100000/- |
| 100000/- | 109000/- | 121000/- | 136763/- | 200000/- |
| PERIOD | Rate of Interest (in %) |
|---|---|
| 12 Months | 09 |
| 24 Months | 10 |
| 36 Months | 11 |
| More than 36 Months | 11 |
| 79 Months (Double Your Money Plan) | 11 |
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