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Home / Questions / Q 75070
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Anonymous
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WHAT IS MINIMUM TIME OF RD PREMETURE CLOSURE IN INDIA POST

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  1. eAnswers Team

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    Added an answer on May 21, 2018 at 6:21 am

    RD stands for Recurring Deposit Account where any individual (a single responsible person or two adults jointly) can open an account. With Rate of interest 8.30% and maturity value of a 5 Year RD account opened on or after 1.4.2013 and Premature closure allowed after three years.

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  2. eAnswers Team

    View Profile
    Added an answer on May 21, 2018 at 6:21 am

    RD stands for Recurring Deposit Account where any individual (a single responsible person or two adults jointly) can open an account. With Rate of interest 8.30% and maturity value of a 5 Year RD account opened on or after 1.4.2013 and Premature closure allowed after three years.

    • 0

  3. eAnswers Team

    View Profile
    Added an answer on May 21, 2018 at 6:21 am

    RD stands for Recurring Deposit Account where any individual (a single responsible person or two adults jointly) can open an account. With Rate of interest 8.30% and maturity value of a 5 Year RD account opened on or after 1.4.2013 and Premature closure allowed after three years.

    • 0

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