Subscribe to our newsletter:

Recurring Deposit Calculator

Free
iPhone / iPad
Genres:
  • Utilities
  • Finance
I want this app
Download from AppStore

Recurring Deposit is a special type of deposit account which enables a investor particularly in fixed income group to save by paying into the account an agreed fixed sum of money monthly over a stipulated period.
The deposits in this type of account earn compound interest on quarterly basis.
A basic saving plan, which helps you regulate your savings and reap its benefits from time to time.
NO TDS (Tax Deducted at Source) is applicable in these accounts.