RD stands for Recurring Deposit, a type of bank account where you deposit a fixed amount of money every month for a specific period. Learn the meaning, definition, and benefits of RD and how it helps you save money and earn interest. In this article, we will cover the basics of RDs, including RD full form and what they are, how they work, and their benefits. RD stands for Recurring Deposit, a type of savings account that lets you deposit a fixed amount each month and earn interest. Learn how to open an RD account online or offline with HDFC Bank and the advantages of this investment option.
