Menu Close

HDFC vs ICICI vs IndusInd vs RBL Vs Kotak vs Yes Bank: Check RD Rates

A recurring deposit (RD) is a type of debt investment that allows individuals to set up a fund for their own finances on a regular basis. Unlike a fixed deposit, which requires a lump-sum deposit to create an account, an RD allows you to invest on a monthly basis, similar to a mutual fund SIP, and receive interest rates that are comparable to fixed deposits.
Source: money

Leave a Reply

Your email address will not be published.