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At What Frequency Will I Receive Interest On My Fd? |
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Answer» For the TRADITIONAL scheme, the interest on the FD ACCOUNT is credited to the Savings account specified by you on a MONTHLY basis or on a quarterly basis. For the REINVESTMENT scheme, the interest is COMPOUNDED to the principal amount on a quarterly basis. For the Traditional scheme, the interest on the FD account is credited to the Savings account specified by you on a monthly basis or on a quarterly basis. For the Reinvestment scheme, the interest is compounded to the principal amount on a quarterly basis. |
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