If you deposit ₹ 3600 per month for 36 months in HDFC Bank’s RD scheme, what will be the maturity amount? – India TV Hindi.

HDFC Bank is currently offering an interest rate of 7 percent per annum to general customers for 36 months on RD.

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The bank is offering senior citizens an interest rate of 7.50% per annum for 36 months RD.

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On this basis, if a typical consumer invests Rs 3600 per month for 36 months in the RD scheme, the maturity amount will be Rs 1,44,531, as per the calculation.

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Whereas, if a senior citizen deposits Rs.3600 per month for 36 months in the RD scheme, the maturity amount after 36 months will be Rs.1,45,674 as per the calculation.

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By investing even a small amount in recurring deposit schemes, you can build up a large fund at a time.

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Next: How much return will you get by investing Rs 3,00,000 in PNB’s 400 days FD?

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