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Recurring Deposit Rates | These banks offer up to 7.35% interest for 5-year tenor

Conservative investors who have a regular income stream can prefer investing in recurring deposits. Investment in RDs is taxable. Neither the money invested nor the interest earned is exempt, and both are taxed as per the tax slab.

Hiral Thanawala | September 27, 2022 / 07:45 IST

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