Open a Savings Bank account with a nearby Bank and deposit amount regularly. Also open a Recurring Deposit amount with a convenient monthly payment for a period of 12 months. Give standing instruction to the Bank to debit your SB account and credit Recurring Deposit every month on a particular day.After one year convert the Recurring deposit maturity value to Term Deposit and again open another RD
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i am a second year college student and want to invest small amount of money every month for my future....i can spare 1000 rupees from my pocket money every month...please guide...
