What is Recurring Deposit or Cumulative Time Deposits?
Register

What is Recurring Deposit or Cumulative Time Deposits?

What is Recurring Deposit or Cumulative Time Deposits?
142 views
1 Vote
1 Vote

What is Recurring Deposit or Cumulative Time Deposits?

User Avatar
by

1 Answer

1 Vote
1 Vote
 
Best answer

Recurring Deposit or Cumulative Time Deposit : In recurring deposits, the depositor deposits a fixed amount (in a multiple of Rs. 5 or Rs. 10) every month for a specified number of months, at the end of which he will get back the sum deposited by him along with compound interest. Recurring deposits, generally range for a period of 6 months to 10 years.

User Avatar
by

RELATED DOUBTS

User Avatar
AnjaliYadav Asked Nov 9, 2021
113 views
आवर्ती जमा का मतलब क्या होता है? Avarti Jama Ka Matalab Kya Hota Hai?
AnjaliYadav Asked Nov 9, 2021
by AnjaliYadav
0 Answers
7 Votes
7 Votes
113 Views
User Avatar
Chandan Asked Sep 12, 2023
198 views
She __________ deposit the cheque on time to get it cleared.
Chandan Asked Sep 12, 2023
by Chandan
1 Answer
0 Votes
0 Votes
198 Views
User Avatar
ALOK_RAJ Asked Aug 4, 2023
126 views
What is Savings Bank Deposits?
ALOK_RAJ Asked Aug 4, 2023
by ALOK_RAJ
1 Answer
1 Vote
1 Vote
126 Views
User Avatar
ALOK_RAJ Asked Aug 4, 2023
110 views
What is a Fixed Term Deposits?
ALOK_RAJ Asked Aug 4, 2023
by ALOK_RAJ
1 Answer
1 Vote
1 Vote
110 Views
User Avatar
Chandan Asked Aug 5, 2023
100 views
Repeating or Recurring Decimals.
Chandan Asked Aug 5, 2023
by Chandan
1 Answer
0 Votes
0 Votes
100 Views
User Avatar
ALOK_RAJ Asked Sep 27, 2023
64 views
What is the Cumulative Frequency in Statistics?
ALOK_RAJ Asked Sep 27, 2023
by ALOK_RAJ
1 Answer
0 Votes
0 Votes
64 Views
User Avatar
ALOK_RAJ Asked Aug 4, 2023
98 views
Types of Bank Deposits.
ALOK_RAJ Asked Aug 4, 2023
by ALOK_RAJ
1 Answer
1 Vote
1 Vote
98 Views
User Avatar
Dev Yaduvanshi Asked Dec 8, 2023
119 views
What is the background of PMGKAY, and how has it evolved over time?
Dev Yaduvanshi Asked Dec 8, 2023
by Dev Yaduvanshi
1 Answer
0 Votes
0 Votes
119 Views
User Avatar
ALOK_RAJ Asked Aug 5, 2023
97 views
What is Time in Simple Interest?
ALOK_RAJ Asked Aug 5, 2023
by ALOK_RAJ
1 Answer
0 Votes
0 Votes
97 Views
User Avatar
Sanjeev Yadav ji Asked Dec 4, 2023
62 views
What is meant by positive, negative or zero displacement?
Sanjeev Yadav ji Asked Dec 4, 2023
by Sanjeev Yadav ji
1 Answer
0 Votes
0 Votes
62 Views
User Avatar
Chandan Asked Sep 18, 2023
96 views
What will happen if apical meristem is damaged or cut?
Chandan Asked Sep 18, 2023
by Chandan
1 Answer
0 Votes
0 Votes
96 Views
User Avatar
Chandan Asked Sep 16, 2023
142 views
What is Tilling or Ploughing?
Chandan Asked Sep 16, 2023
by Chandan
2 Answers
1 Vote
1 Vote
142 Views
User Avatar
ALOK_RAJ Asked Aug 19, 2023
70 views
What is Inverse or Reciprocal Ratio?
ALOK_RAJ Asked Aug 19, 2023
by ALOK_RAJ
1 Answer
0 Votes
0 Votes
70 Views
User Avatar
ALOK_RAJ Asked Aug 3, 2023
87 views
What is Simple or Elementary Event?
ALOK_RAJ Asked Aug 3, 2023
by ALOK_RAJ
1 Answer
0 Votes
0 Votes
87 Views
User Avatar
Chandan Asked Aug 2, 2023
56 views
What is Nuclear Reactor or Atomic Reactor?
Chandan Asked Aug 2, 2023
by Chandan
1 Answer
0 Votes
0 Votes
56 Views
User Avatar
Chandan Asked Aug 5, 2023
72 views
Pure Recurring Decimal
Chandan Asked Aug 5, 2023
by Chandan
1 Answer
0 Votes
0 Votes
72 Views
ASK DOUBTS
Peddia is an Online Question and Answer Website, That Helps You To Prepare India's All States Boards & Competitive Exams Like IIT-JEE, NEET, AIIMS, AIPMT, SSC, BANKING, BSEB, UP Board, RBSE, HPBOSE, MPBSE, CBSE & Other General Exams.
If You Have Any Query/Suggestion Regarding This Website or Post, Please Contact Us On : [email protected]

CATEGORIES

POPULAR TAGS
©2023 - ALL RIGHTS RESERVED BY PEDDIA
Link Copied!