![]() ![]() Its best to go with recurring deposit because it will give you more interest than your saving account.Īpart from this, inflation in India is around 4.2% as of October 2015. For example, you plan to buy a bike next year and you want to save some money with some capital gain. One should invest in RD, if he/she wants medium term capital gain. Why & When I shoud invest in RD, Recurring Deposit? Using RD Calculator you can also calculate the "Monthly Deposit Amount" for achieving certain "Maturity Amount" after certain period of time. ![]() Just enter the values in above text fields and click "Calculate" button. You don't need to install any plugin or software. It is simple web based recurring deposit (RD) calculator for calculating the maturity amount(money which you'll get after certain time period) for given fixed monthly deposit. Installment amount that you have to pay each month. It is the total amount that you will get after your time period Generally, minimum time period is 6 months and its usually multiple of 3 It means when your money gains interest in a year, usually in most of the banks its "Quarterly" Check below RD Interest rates for various banks. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |