What is FD And RD ?

• FD AND RD

FD: FIXED DEPOSIT
RD: RECURRING DEPOSIT

FD

There is the most secure deposit with a certain percentage(appx 6.7-7%) that differs with a different bank.
If you have not wanted to take the risk  this is the option where you can think
There is a different period of time in LIKE
3month 6month 12 Mont and so on
BUT the thing is it has a certain interest you will definitely get you will not get not less than that certain interest.
At the time of investment, you can find the sum of how much you WOULD get for that FD.

RD

The same thing also for RD  but you will get INTREST for your money if your money journey one year or according to the bank circumstances ask the banker if I do some Rd than what should INTREST I get in a period of time.
Then after you do  as you decide

QUESTIONS
MOST ARE ASK TO THE BAKER
1.HOW MUCH I WILL GET INTREST
2.IF I GET THE MONEY CAN I BREAK IT
3.ANY CHARGE IF I BREAK IT
4.HOW MUCH INTEREST I WILL GET IF I BREAK THD FD/RD

Thank you for reading thank you