tag:blogger.com,1999:blog-1072534379447599771.post8010551886206582825..comments2024-03-22T18:51:07.375+08:00Comments on Anand's Blog: Post office Recurring DepositAnand Vijayakumarhttp://www.blogger.com/profile/04069290912727901147noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-1072534379447599771.post-45571543221947129442014-03-19T21:35:00.201+08:002014-03-19T21:35:00.201+08:00Ashok - You have not mentioned what bank you depos...Ashok - You have not mentioned what bank you deposited or what is the rate of interest without which I cannot comment on how much you will get. Use the RD calculator below: enter your amount, rate of interest and RD Duration and you will get the maturity amount<br /><br />http://www.allbankingsolutions.com/Recurring-Deposit-Calculator-India.shtmlAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-23446202593845397462014-03-19T19:01:30.455+08:002014-03-19T19:01:30.455+08:00Dear Anand,
I have RD account opened on 22/04/2009...Dear Anand,<br />I have RD account opened on 22/04/2009 for Rs 5000 per month & will be matured on 22/04/2014. How much will be maturity amount also please suggest to for 10 years. What will be maturity amount if continue for 10 years.<br /><br />Thanks<br /><br /><br />Ashok Chauhan<br />kcplhttps://www.blogger.com/profile/10205117940421262704noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-65702536921930943192011-02-19T22:02:51.968+08:002011-02-19T22:02:51.968+08:00@Manoj & Anonymous,
I dont think there is a...@Manoj & Anonymous,<br /> I dont think there is any rebate for paying all your monthly payments up front. But, to be n the safer side, it would be best to confirm with the post office where you opened it. <br /><br />Unfortunately I am currently abroad, else I would have visited my nearest post office to help you. Apologies!!! <br /><br />Anand.Anand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-74283064430786188542011-02-19T16:26:30.267+08:002011-02-19T16:26:30.267+08:00Hi Mr. Anand,
i am depositing Rs.1000 / per month...Hi Mr. Anand,<br /><br />i am depositing Rs.1000 / per month in RD.If i wish to pay for 12 months in advance.what would be the rebate for that?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-77590074498741454402011-02-19T16:25:59.172+08:002011-02-19T16:25:59.172+08:00Hi Mr. Anand,
i am depositing Rs.1000 / per month...Hi Mr. Anand,<br /><br />i am depositing Rs.1000 / per month in RD.If i wish to pay for 12 months in advance.what would be the rebate for that?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-83585225482441079492011-02-19T16:24:37.898+08:002011-02-19T16:24:37.898+08:00Hi Mr. Anand,
i am depositing Rs.1000 / per month...Hi Mr. Anand,<br /><br />i am depositing Rs.1000 / per month in RD.If i wish to pay for 12 months in advance.what would be the rebate for that?Manojhttp://www.facebook.com/manoj_dattnoreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-84474661516258770742010-04-04T13:39:20.360+08:002010-04-04T13:39:20.360+08:00Advanced Deposit Option:
It is an option where y...Advanced Deposit Option: <br /><br />It is an option where you can pay your next few months installments for the RD in this month and opt not to pay for the next few months.Anand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-58059545196478637002010-04-04T13:38:34.486+08:002010-04-04T13:38:34.486+08:00To: Vijay Vaidhya
Check with the bank. If the RD ...To: Vijay Vaidhya<br /><br />Check with the bank. If the RD opening agreement says the amount entitled at maturity would be based on the prevailing interest rates then you can do nothing. Some banks do this to attract investors at the prevailing higher interest rates but when the RD matures if the market rates are lesser, they pay only the prevalent market rates. I think this is why you got Anand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-9950658111492672602010-01-14T20:42:35.540+08:002010-01-14T20:42:35.540+08:00Dear Anand,
I had RD account opened on 26/12/99 f...Dear Anand,<br /> I had RD account opened on 26/12/99 for Rs 1000 per month. It was continued for 10 years. I was paid only Rs. 162230 as maturity amount. Thus I was paid less than 6 per cent quarterly compounded interest. Post office claims that it is 7.5%. Since my account was opened in December 1999, I should get interest of 11.5%. Actually I got 11.5% on one RD that matured in April 2009. vijvethttps://www.blogger.com/profile/10060833341271426510noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-21872288525088154552009-07-12T03:59:08.862+08:002009-07-12T03:59:08.862+08:00Can you explain the advance deposit option in more...Can you explain the advance deposit option in more details? What is its benefit?Anonymousnoreply@blogger.com