Recurring Deposit Calculator
Enthält Werbung
5 Tsg.+
Downloads
Jedes Alter
info
Über diese App
A recurring deposit means making regular deposits. It is a service provided by many banks where people can make regular deposits and earn decent returns on their investments.
“An RD account means a banking or postal service account in which a depositor puts a certain amount of money each month for a set length of time (commonly spanning from one year to five years).” This structure is for people who want to put down a set amount each month with the goal of receiving a payout after a few years.
How does a Recurring Deposit account work?
An ordinary fixed deposit implies that a person sets aside a sum of money that can be withdrawn after a set length of time. Meanwhile, you are unable to alter the sum of the money or possibly supplement it.
The recurring deposit follows a similar procedure with one primary difference. Instead of investing a lump sum, you should deposit a specific amount into your account each month, which you determined when you opened your RD account. This could be a tiny sum that won't completely empty your wallet. And when the sum matures, you'll have a large sum in excess of your principal, plus interest.
RD Features
Interest Rate between 5% to 8% (variable from one bank to another)
Minimum Deposit Amount from Rs.10
Tenure of Investment from 6 months to 10 years
Frequency of Interest Calculation every Quarter
Mid-term or partial withdrawal is not allowed
Premature account closure allowed with penalty
“An RD account means a banking or postal service account in which a depositor puts a certain amount of money each month for a set length of time (commonly spanning from one year to five years).” This structure is for people who want to put down a set amount each month with the goal of receiving a payout after a few years.
How does a Recurring Deposit account work?
An ordinary fixed deposit implies that a person sets aside a sum of money that can be withdrawn after a set length of time. Meanwhile, you are unable to alter the sum of the money or possibly supplement it.
The recurring deposit follows a similar procedure with one primary difference. Instead of investing a lump sum, you should deposit a specific amount into your account each month, which you determined when you opened your RD account. This could be a tiny sum that won't completely empty your wallet. And when the sum matures, you'll have a large sum in excess of your principal, plus interest.
RD Features
Interest Rate between 5% to 8% (variable from one bank to another)
Minimum Deposit Amount from Rs.10
Tenure of Investment from 6 months to 10 years
Frequency of Interest Calculation every Quarter
Mid-term or partial withdrawal is not allowed
Premature account closure allowed with penalty
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Keine Daten werden mit Drittunternehmen oder -organisationen geteilt
Diese App kann die folgenden Datentypen erheben
Personenbezogene Daten, Nachrichten und 2 andere
Daten werden nicht verschlüsselt
Daten können nicht gelöscht werden
Neuerungen
Simple and easy GUI
Recurring deposit interest calculator
Multiple compounding frequency
Multiple years selection
Recurring deposit interest calculator
Multiple compounding frequency
Multiple years selection
Support für diese App
phone
Telefonnummer
+919817904261
Informationen zum Entwickler
Mukesh Kumar
mukesh.datyal@gmail.com
Vill Lahari Po Karer
teh barsar Distt ,
Hamirpur, Himachal Pradesh 174311
India
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