RD Calculator - India 1.0.7



Publisher Description



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.


About RD Calculator - India

RD Calculator - India is a free app for Android published in the Accounting & Finance list of apps, part of Business.

The company that develops RD Calculator - India is Teclab Solutions. The latest version released by its developer is 1.0.7.

To install RD Calculator - India on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2016-08-17 and was downloaded 40 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the RD Calculator - India as malware as malware if the download link to com.teclab.rdcalculator is broken.

How to install RD Calculator - India on your Android device:

  • Click on the Continue To App button on our website. This will redirect you to Google Play.
  • Once the RD Calculator - India is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
  • A pop-up window with the permissions required by RD Calculator - India will be shown. Click on Accept to continue the process.
  • RD Calculator - India will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.



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Users Rating:  
  0.0/5     0
Downloads: 40
Updated At: 2024-03-05
Publisher: Teclab Solutions
Operating System: Android
License Type: Free