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Recurring Deposit

Highest Interest Rate on Recurring Deposits (RD) – August 2016

Highest Interest Rate on Recurring Deposits - August 2016 Recurring deposits (RD) with banks are one of the most popular investment options for people with regular income. RD enables to deposit fixed amount every month for a pre-defined period which earns interest similar to Fixed Deposits (FD). You might want to bookmark this page as the RD interest rates would be updated every month […] Continue reading →

SBI Recurring Deposit Features & Interest Rate – June 2016

SBI Recurring Deposit Below are the features, interest rates, maturity amount along with other details for SBI Recurring deposit. SBI Recurring Deposit Scheme – Features: Maturity from 12 to 120 Months Nomination facility available The minimum amount of monthly installment shall be Rs 100. The amount of installment and number of installment can not be changed after opening of […] Continue reading →

Budget 2015: TDS on Fixed Deposit, Recurring Deposit and EPF

Budget 2015 - TDS on FD, RD and EPF Along with changes in income tax, budget 2015 has also made some changes in TDS (Tax Deduction at source) for Fixed Deposit, Recurring Deposit and EPF (Employee Provident Fund). The post discusses these changes: TDS on Recurring Deposit (RD) Until now recurring deposit was not subjected to TDS. Budget 2015 has amended this and now […] Continue reading →