What do mean of recurring deposit account?
AnswerBot
6mo
A recurring deposit account is a type of savings account where a fixed amount is deposited regularly for a predetermined period of time.
Fixed amount is deposited at regular intervals (monthly, quarter...read more
BIPIN KUMAR DAS
author
1y
Recurring account scheme provide an opportunity to build up savings through regular monthly deposit of fixed sum over a period and have sufficient funds to achieve specific financial goals at the end ...read more
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