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Recurring Deposit Calculator

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Concepts

Recurring Deposit Calculator
Recurring Deposit is also a kind of fixed deposit. Unlike in fixed deposit, a person with regular income deposits a fixed amount every month into their Recurring Deposit account. The interest rate is applicable on the amount invested each month for the time invested.

Recurring Withdraw Calculator is opposite to Recurring Deposit. Once a specific initial amount is deposited, a monthly amount is withdrawn. This is suitable for senior citizens and retirees to get pension fund monthly.

Flexible Deposit Calculator calculates a suitable monthly installment if you wish to accumulate a certain maturity amount for a time period with compounding interest rate applicable.

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