Rd full form: Recurring Deposit ( RD ) means a

Recurring Deposit ( RD ) means a bank account that deposits a fixed amount & locks in funds for a set period. It's a safe finance feature for short-term goals. In this article, we will cover the basics of RDs, including RD full form and what they are, how they work, and their benefits. 1. What is a Recurring Deposit? RD full form is Recurring Deposit. It is a type of Term Deposit Account that allows the investors to make regular investments for a pre-defined period to generate pre-fixed returns. So, whether you're aiming for long-term wealth creation or want to invest for life goals like your child's higher education, an RD can be a perfect low-risk investment option.