About RD Calculator - India
Recurring deposit account is opened by those who want to save regularly for a certain period of time and earn a higher interest rate. Customers can open a Recurring Deposit account with a bank, where the compounding of...
Recurring deposit account is opened by those who want to save regularly for a certain period of time and earn a higher interest rate.
Customers can open a Recurring Deposit account with a bank, where the compounding of interest will be done on quarterly basis.
The minimum period for a RD varies from bank to bank.
RD Calculator App from Teclab Solutions is very easy to use.
You just enter the Monthly Deposit, Rate of Interest & select the Tenure then you will get the Maturity Amount.
Objectives
Recurring deposit account is to develop regular savings habit among the public.
In India, minimum amount that can be deposited is Rs.10 at regular intervals.
The period of deposit is minimum six months and maximum ten years.
The rate of interest is higher.
No withdrawals are allowed. RD offers the additional benefit of taking loan against the deposit.
The amount of installment once fixed, cannot be changed.
The tenure of RD can be in multiple of 3 months
Types of Recurring Deposit
* Junior RD Schemes
* Senior Citizens RD Schemes
* NRE/NRO RD Schemes
Features
* Our RD Calculator is available free on online.
* No Internet connection is required to use RD Calculator.
* RD Calculator help you to calculate Maturity Amount.
* If you want to visualize the calculation Graphically then it is possible with RD Calculator
* RD Calculator is very easy to use.
Previous Versions
Here you can find the changelog of RD Calculator - India since it was posted on our website on 2016-10-07 04:21:34.
The latest version is 1.0.7 and it was updated on 2024-04-19 22:05:00. See below the changes in each version.
RD Calculator - India version 1.0.7
Updated At: 2016-08-17
Changes: * Splash Screen Added
* Code Optimized
Disclaimer
External Download
We do not host RD Calculator - India on our servers. We did not scan it for viruses, adware, spyware or other type of malware. This app is hosted by Galad and passed their terms and conditions to be listed there. We recommend caution when installing it.
The APK Download link for RD Calculator - India is provided to you by apps112.com without any warranties, representations or guarantees of any kind, so access it at your own risk.
If you have questions regarding this particular app contact the publisher directly. For questions about the functionalities of apps112.com contact us.
