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For short-term goals and low-risk appetite, flexible RD is an option

Customer can invest an amount any time, and withdrawals are flexible as well

saving schemes, investment
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Tinesh Bhasin Mumbai
If you are among those who cannot stomach the volatility of debt mutual funds, there are banking products you can look at for short-term goals. Top private banks have launched special recurring deposits (RD) for customers to save based on their goals.


What makes these RDs different from other deposit-based products is their flexibility, and a friendly online user interface to allow individuals monitor the progress. After opening the flexible RD account, an investor can put in any amount he wants

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First Published: Jan 31 2019 | 10:32 PM IST

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