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Therefore, with each 12 months we are enhancing the number inside repaired put by the Rs to complement the fresh financing on the recurring deposit which try Rs 2000 per month. Following regarding the second example, let us help the investment so you can Rs in the repaired put to own a tenure from 2 yrs and you can Rs 2000 p.m. When comparing fixed deposit and you can recurring put, you are going to experience one to a predetermined deposit have a tendency to get you far more income than simply a repeating put. The interest rate is restricted and does not change through the the length of the fresh RD tenure. Continual deposit is a kind of exposure-free money where a fixed amount try deposited within the a financial or an enthusiastic NBFC every month.

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