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What are the returns on the post office recurring deposit account (RDA)?

The post-office recurring deposit offers a fixed rate of return i.e.if Rs. 1000 is invested monthly for 5 years,maturity amount shall become Rs.73862,which is equivalent to 8 per cent per annum compounded quarterly.

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06 Jan 2012

The post-office recurring deposit offers a fixed rate of interest, currently at 8 per cent per annum compounded quarterly.



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