#recurringdeposit
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fuddugyan · 6 months ago
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In the domain of secure investments, Fixed Deposits (FD) and Recurring Deposits (RD) stand apart as tried and true monetary instruments. This article intends to give a complete manual for FD and RD, revealing insight into what they are, the manner by which they work, and the factors to consider while investigating the best FD rates, especially from presumed banks like SBI.
Know More: https://shorturl.at/aepM8
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mcfinancialservices · 11 months ago
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Secure your financial future with Recurring Deposits—a simple, disciplined savings option. Enjoy fixed returns, flexibility, and automation for hassle-free wealth accumulation. Start building your financial foundation today.
Visit Us: https://www.mcfinserve.com/ Download Our Application: https://play.google.com/store/apps/details?id=com.mcfinancial
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unity-bank · 11 months ago
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takapoysanews · 1 year ago
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Recurring Deposit Interest Rates:৫ বছরের রেকারিং ডিপোজিটে পোস্ট অফিস, SBI, HDFC Bank এর মধ্যে কোথায় বেশি টাকা পাবেন? - TAKAPOYSANEWS
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papertradingapp · 8 months ago
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📈 Discover the Power of Recurring Deposits! 💼 Explore our detailed post to learn how Recurring Deposits can help you save regularly and achieve your financial objectives. Start investing wisely today! #RecurringDeposit #FinancialPlanning 🌟💰
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finanzwealth · 5 years ago
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Contingency Fund’s help you tide over unexpected expenses. Above are 4 places to keep your emergency funds. #finance #business #money #entrepreneur #investing #investment #wealth #equity #stocks #mutualfunds #liquidfunds #shorttermfunds #savings #savingsaccount #recurringdeposit #fixeddeposits #fd #rd #liquidity #cash #mutualfundssahihai #financialadvise #financialliteracy #financialplan https://www.instagram.com/p/B4vMfcwBfiO/?igshid=1qkcjxnowcthd
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abhisheksharma · 2 years ago
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Advantage Of Investing in a Shriram Fixed Deposit
A Shriram Fixed Deposit offers comparatively higher interest rates of 8.75% per annum, which includes a bonus of 0.50% interest for senior citizens. Apart from the high-interest rates, with a Shriram FD, you also get an additional interest of 0.25% per annum on all renewals after the maturity of the deposit.
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strategieswealth · 2 years ago
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New Fund Offer from Franklin Mutual Fund… Plan your short term investment from 3 to 5 years with FRANKLIN INDIA BALANCED ADVANTAGE FUND. Get an Edge over Bank FDs or Postal savings #bank #savingsaccount #bankfd #bankaccount #ppf #postalsavings #postalsavingsbank #shortterm #recurringincome #recurringdeposit #postalsavingsaccount https://www.instagram.com/p/Chqze2IDOoT/?igshid=NGJjMDIxMWI=
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natrajansblog · 3 years ago
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4th CURE OF LEAN PURSE:GAURD THY TREASURES FROM LOSS:"Gaurd thy treasure from loss by investing only where thy principal is safe,where it may be reclaimed if desirable,& where thou will not fail to collect a fair rental.Consult with wise men.Secure the advice of those experienced in the profitable handling of gold.Let their wisdom protect thy treasure from unsafe investments". _________________________________ #cure#leanpurse#guard#treasute#loss#principal#safe#reclaimed#fairrental#profitable#wisdom#treasure#unsafe#investments#fake#wisdomsutras#ancenstrolknowledge#gold#recurringdeposit#PPF#@axis_bank#@gold_loan_jaipur#@max#@therealkiyosaki #@richbabylon#@vivek_bindra#@pushkarrajthakur _________________________________ Please LIKE♥️,SHARE🙏&COMMENT👍ON MY POSTS. https://www.instagram.com/vinaygupta3677/p/CY3CwIIr-yl/?utm_medium=tumblr
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the-juicymango · 4 years ago
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Investment: A guide on how to become RICH!!
Investment: A guide on how to become RICH!!
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I have once read a quote, “Poor people use what is earned and save what is left. Whereas Rich people invest what is earned and use what is left.” This quote stands true in all aspects. A normal person usually keeps all his savings in a Bank Account. A Bank Account often yields a 4% interest per annum. This is not a good option considering all the short-term investing options available in the…
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zzmoksha123456 · 5 years ago
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Sri pragathi co-operative society limited Khammam #khammam #sripragathicooperativesocietylimited #shorttermdeposits #recurringdeposit #longtermdeposit https://www.instagram.com/p/B8nf3KAlzB1/?igshid=28o8sbsnv4cg
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indianmoney-com · 5 years ago
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itsmenandini · 5 years ago
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my-learnings · 5 years ago
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Types of Bank Accounts-HSC, Class 12/11, Money and Banking
There are basically four different types of bank accounts.
They are as follows-
1. Current Account - This account is generally meant for businessmen. This is because they have a high frequency of bank transactions. Under this account, there is no restriction on the number of withdrawals and hence is most suitable for businessmen. Some current account holders are also given overdraft facility. The customer gets cheque book facility for current account
2. Savings Account - This account is made for the general public especially salaried people. The main objective of having the savings account is to cultivate the habit of saving among people. Interest is also paid by the banks on the savings account. However, there are restrictions on the number of withdrawals that can be made through savings account and hence this type of account is not suitable for businessmen. Customers are generally required to maintain a certain minimum balance in the account.
3. Recurring Deposit Account - This type of an account is also called as the cumulative time deposit account. It is meant to cultivate the habit of savings among economically weaker section of the society. Under this type of an account, the customer is allowed to deposit a certain small but fixed amount (Rs.50, Rs.100, Rs.500 etc.) every month for a fixed period of time. The customer gets back the total amount deposited along with interest at the end of the specified period.
4. Fixed Deposit Account - Under this type of account, a one-time lump-sum deposit is made by the customer for a fixed period of time (generally 3 months to 10 years). The customer cannot withdraw the amount during this period (These days most banks allow pre-mature withdrawal with a minor penalty). However, he can take a temporary loan against the fixed deposit receipt (FDR). At the end of the fixed period, the customer can either withdraw the amount or renew the fixed deposit.
Following hybrid account is also offered by a lot of banks now-
Multiple Option Deposit Account : It is a type of Saving Bank Account in which deposit in excess of a particular limit gets automatically transferred into Fixed Deposit. On the other hand, in case adequate fund is not available in our Saving Bank Account so as to honour a cheque that we have issued, the required amount gets automatically transferred from Fixed Deposit to the Saving Bank Account. The balance amount continues as Fixed Deposit and earns interest as per existing rate of interest. One can earn higher rate of interest from a Fixed Deposit Account than from a Saving Bank Account.
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chiranjeevijety · 5 years ago
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Citius India Nidhi Limited Logo is primarily designed keeping in mind the growth of our stakeholders be it Customers or Employees, the primary colors used in logo are Blue that signifies Loyalty, Trust & Faith which shows that we are the most trustworthy company in the industry providing best in class services, other color used in the logo is Green which signifies overall Growth to our stakeholders. Primary element used are leaves with coin, that shows we help our customers with best & competitive interest rates in the market, for Deposits as well as for Loans. #CINL #CinlIndia #MySavings #MyLoans #MySavingsNidhiBond #FixedDeposit ( #FD )#RecurringDeposit ( #RD ) #FlexiRD #SavingsAccount #CINLChildrensNidhiBond #CINLMahilaNidhiBond #CINLEmployeeNidhiBond #CINLStudentNidhiBond #CINLSeniorCitizenNidhiBond #CINLKisanNidhiBond #CINLDailyDepositScheme ( #Pigmy ) #CINLMonthlyIncomeScheme #CINLLoanAgainstProperty #CINLMortgageLoan #CINLGoldLoan #CINLDailyLoan #CINLAgainstDepositsLoan #trust #socialawareness #growthforall (at CINL - Citius India Nidhi Limited) https://www.instagram.com/p/ByX2HZxndbX/?igshid=k4mhpjoz4qia
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"It is always good to start saving early so that you can lead a good retired life." - SMC Comex International DMCC
Have a look at some of the investment options at https://bit.ly/2ItBMMA or visit our website at www.smccomex.com/trading
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