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Resolved Question:
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which bank has highest intrest rate for recurring deposit
for 10years period
In Savings Accounts  -  Asked by dhayalan -  4 years ago

Best Answer:
On recurring deposit bank offer high interest rate as applicable to Term Deposits along with liquidity to access that savings any time. In this you get flexibility in period of deposit with maturity ranging from 12 months to 120 months. Low minimum monthly deposit amount. You can avail a loan/overdraft against your deposit. To know which bank is giving high interest rate on recurring deposit you have to check the fixed deposit rates of the banks.
4 years ago - By Uday

Other Answers (2)
show:
Answer 1.
I have opened recurring deposit account and it is easy to manage the account.
4 years ago - By Mitu
Answer 2.
In this you have to save small amount which is easy also you earn high interest and you can transfer your account between branches of the bank in case you shift from one city to another and can with draw money when you require. Similar to fixed deposit you can avail a loan/overdraft against your deposit.
4 years ago - By Manvi
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