Rd full form: In this article

In this article, we will cover the basics of RDs, including RD full form and what they are, how they work, and their benefits. Recurring Deposit ( RD ) means a bank account that deposits a fixed amount & locks in funds for a set period. It's a safe finance feature for short-term goals. RD Full Form The Full form of RD is Recurring Deposit. Recurring Deposit or RD is a kind of Term Deposit offered by banks in India. It helps people with regular incomes to deposit a fixed amount every month for certain period of time into their Recurring Deposit account and earn interest at the rate same as applicable to Fixed Deposits (FD). RD is a financial instrument mainly directed towards encouraging savings. In this scheme, investors have the flexibility to save a specific sum every ...