Recurring Deposit schemes allow customers with an opportunity to build up their savings through regular monthly deposits of fixed sum over a fixed period of time. In India Interest rate on Recurring Deposits is compounded quarterly. Our article Overview of Recurring Deposits covers RDs in detail.
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14 responses to “Recurring Deposit Calculator”
Dear Sir,
I want to purchase health insurance plan for my father aged 57 years and mother aged 54 years of Rs. 10 lakh.
For that I have chosen below mentioned companies :
1. Oriental Insurance (PNB – Oriental Royal Mediclaim Policy for PNB Account Holder)
2. Star Health Insurance (Family Filter Policy)
3. Royal Sundaram (Life line supreme)
Star and Roya Sundaram are providing policy on nearby amount premium of Rs. 25000/-
But PNB Oriental providing it on Rs. 16000/-.
So the issue is premium amount????
So please suggest which company should I choose for health insurance.
Regards
Vikesh Patel
M – 9760451111
Please let me know in our developer company 9 employees working and how should enter under the company liable of employees provided fund criterion?
govt should increase commission of agents under postal fixed investment, recurring investment, ppf investment,.
so that one can suffer their families to a relief way
Eps
Hi,
Do you have calculator for RD that shows the interest earned for a particular financial year?
Regards
Praveen
I want to do a RD of Rs. 500 per month for 30 years. is it possible ?
[…] bank. The earlier you save, the more money you make the less money you will have to put away, just calculate for […]
Govt.must ask banks & mther institutions like Post Office etc to activate variable RD schemes in all branches to encourage & enable common man to save regularly without any limitations.
A good suggestion There are lot of things govt should do..but..
we also need to take responsibility for after all it’s our money and with technology investing is just a click away.
rd int calculator send
Sorry could not understand the comment. Please elaborate.
[…] Recurring Deposit Calculator […]
Dear Sir,
I am 35 Yrs Old. My monthly family living expenses is 60000.Excluding
Home EMI/Other Loans. I intend to retire at the age of 45. What the corpus
i would need to sustain my family (me&wife) for the next 20 years
from the time i am 45 yrs old. My monthly return after 10 years should
be equivalent to 60,000 pm based on todays cost of living.
Currently I can invest 50000 pm for the next ten years and all my
loans will be cleared in the next 10 yrs.
For my child’s education and marriage i have a separate investment plan
for 10 yrs. My child is 6 now. Apart from this i do not have any other
responsibilities.
Please advice
Regards
Retirement at 45 – envy you man. Sorry Shiv we are not qualified to answer the personal finance question. (We are like you struggling with similar questions). You can submit your query to ET Wealth, Outlook money etc or contact a financial adviser.
If you have some specific question on article we shall try our best to answer.