Recurring Deposit is most popular Small Saving Scheme in India. In small cities and towns, you will not find even a single household without Recurring Deposit or RD Account (Recurring Deposit account is popularly known as RD). When i was kid, on 5th of every month my mother used to give me Rs 500 and her Recurring Deposit Passbook to be handed over to the Post Office agent. On 10th of every month, i used to collect it back with an entry for the month in Recurring Deposit Passbook. Recurring Deposit is blessing in disguise for small investors. Recurring Deposit can be opened with an investment ... Read More
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