Embedded Files
Drawbacks of RD :
Premature Withdrawal - If you withdraw or close an RD before it's due, you might not get any interest or you might be charged a penalty.
Fixed Installment Amounts - You can't change the amount you want to invest each month.
Lower interest rates - RDs usually have lower interest rates than other types of investments like fixed deposits.
Taxation - Interest earned on RDs is taxable and taxes are deducted at the source.
Not a Tax-Saving Tool - RDs aren't considered a tax-saving investment.
Mutual Fund Investment Instead Of RD :
Page updated
Google Sites
Report abuse