This post covers SBI Recurring Deposit Interest Rates, features, maturity amount along with other details. Recurring Deposit is a good way to accumulate money for any goal in safe and consistent manner. You deposit a fixed amount every month and at the end of it – on maturity you get your principal and accumulated interest. […]
Taxation on your investment is as important as the return on Investment. All financial instruments go through three stages Investment Earning Withdrawal The tax rules vary across the above three phases. This post would tell you how different financial Instruments are taxed in these three phases and what would be its impact on you. Based on
State Bank of India (SBI) has come out with its advertisement on Recurring Deposit showing its interest rates, maturity value of Rs 1,000 invested and more. SBI Recurring Deposit Scheme – Features: Maturity from 12 to 120 Months Nomination facility available Loan against security of the balance in the Recurring Deposit accounts available to the extent of 90%
