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Personal Finance

Fixed Deposit vs Recurring Deposit: What's the difference & which one is better?

Updated : November 27, 2018 01:08 PM IST

For fixed deposits, the individuals can choose a tenure usually in the range of 7 days to 10 years after depositing the entire amount at once.
For recurring deposits, the individuals can choose a tenure usually in the range from a year to 10 years.
The major difference between the two is the interval.
Fixed Deposit vs Recurring Deposit: What's the difference & which one is better?
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