FD vs RD – Which is better? Bank and Banking Tips

FD vs RD – Which is better? Bank and Banking Tips

 

 

What is the difference between fixed and recurring deposit offered by a bank which?
If you wish to invest a lump sum for a certain period of time, you can do so in an FD for a fixed rate of interest decided by the bank. If you want to set aside some fixed amount of money and invest it in a bank every month, you can choose a recurring deposit.

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