With just 500 rupees you can also make big money, you will get many tremendous benefits with interest

There are many types of schemes available in the investment market. People invest in it according to their budget. At the same time, for small investors who can start investing with less money, we’re going to tell a better investment option today. Many people invest in FD, but in this you have to deposit a lump sum. At the same time, recurring deposit (RD) is a better investment option in which you can save with small amounts. Investors who want to make money by saving regularly need to know about the benefits of RD. Investors are getting used to saving every month by starting investment in RD. This way you can save it every month and save it well in the future. Start with a small amount. You need a lump sum for FD, but it is not so for RD. In this investment option, you can only start 500 rupees or even more. The option to increase investment is the facility to deposit investors at ease. If the revenue of the investor increases, he can also increase his RD amount. You do not get this option in FD. The advantage of compound interest is usually the benefit of compound interest on recurring deposits by post offices or banks. In simple terms, investors receive interest on the basic amount deposited by them, as well as interest. Loan facilities on recurring deposits provide facility to take loans to some banking deposits so that money can be given to investors without breaking RD. Share this story -tags