Lesson60 seconds
What is Recurring Deposit?
A bank plan where you deposit a fixed amount every month for a tenure.
Step 1 of 9
Simple Definition
A recurring deposit builds savings through monthly contributions that earn deposit interest over a fixed term.
Explanation level
Tap a persona to hear the same idea in a totally different voice.
Try “Like I'm 5™” for a picture-book version - not the grown-up wording above.
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