Money Guru: From Post Office RD to MF SIP, find out your option

Post offices along with all major banks across the country offer Recurring Deposit (RD). RDs are in the form of a term deposit. Recurring deposits are made through a series of regular periodic payments, unlike a single payment made in case of fixed deposits (FDs). RD provides risk-free investment opportunities to investors, hence the popularity among Indian customers. Risk-averse investors can easily opt for post office or bank RDs.