Which is the Best Recurring Deposit Scheme India?
Several Banks & Financial Institutions in India give the facility of Recurring Deposit Account also known as RDA. But According to me, Post Office Recurring Deposit (RDA) Scheme is the Best Recurring Deposit Scheme in India.
Post Office RDA Scheme is the out performing scheme in India. The main feature i like about it is that, you can start your account with as low as Rs.10 and than in multiplies of Rs.5 only.
Go to the above link to know more about the Post Office RDA Scheme. You will find a wealth of Information about this scheme over there. However, many private banks also offer this type of schemes but Post office RDA has several advantages.
The main advantage of Post office RDA Scheme is that, you can open your account at wide range of post office networks all across the India. This is the main advantage of this scheme. Rural areas where there is no Banks, There always is a post office and you can easily open your account with the post office.
The post office network of India is the largest network in the world. It has covered all the rural and urban areas of India. So opening a Post Office RDA will be very much useful. You can open this account very easily and they will provide you a passbook where they can enter your deposit information.
Thus, Open the Recurring Deposit account with Post Office Recurring Deposit Scheme, after all it’s the Best Recurring Deposit Scheme of India.
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