Accounting Inventory, Best Online Accounting, Finance Planning, Money Manager, Online Personal Accounting
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FEATURES OF RD<br />
• RD accounts do not allow premature ormid -<br />
term withdrawals.<br />
• However, the bank may allow closing the<br />
account before the maturity period with a<br />
penalty for premature withdrawal.<br />
• RD offers an additional benefit of using the<br />
deposit as collateral to take a loan against the<br />
deposit.<br />
• RD can be funded periodically directly from<br />
your Savings or Current account through<br />
standing instructions given to the bank by you.<br />
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