(Updated on 19-Aug-2023) Fixed Deposits and Recurring Deposits are the most popular financial saving tools in India. It is not […]
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A very high percentage of Indian household savings are being invested in Bank Deposits. For most of the investors safety
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As per Reserve Bank of India’s ‘Handbook of Statistics on the Indian Economy-2014’ , the total investments made in bank
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I am sure most of us might have heard about one of the popular savings tool called Recurring Deposit (RD).
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We opt for Bank deposits because they offer, 1) safety and 2) guaranteed returns. Bank deposits can be Fixed Deposits,
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