Banking
Step 1: What is a Recurring Deposit (RD)? The Magical Piggy Bank! Imagine you have a piggy bank (a gullak) at home. You decide to save ₹500 every single month. After one year (12 months), you break it open. How much money will you have? You’ll have: ₹500 × 12 months = ₹6,000. Simple, right? … Read more