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IN SBI, RD A/C,MONTHLY DEPOSIT 1000/FOR 12 MONTHS, WHT IS THE MATURITY VALUE?

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I HAVE OPENED A RD A/C IN SBI ON 24/9/2010, FOR 12 MONTHS WITH MONTHLY DEPOSITS OF Rs.1000, Please let me know the maturity value alongwith calculation chart.
asked Oct 5, 2010 in Misc. by anonymous  
    

 
 

 

3 Answers

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You didn't mention how much rate of interest SBI is offering you. Anyway, you can play yourself with the RD calculator give at

http://www.investmentkit.com/mutualfunds/index.shtml

& get your answer.

Hope it will help you.
Admin
http://www.InvestmentKit.com
answered Oct 5, 2010 by admin (47,740 points)   5 7 13
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Rate of interest of SBI RD for 1 year as on 24/9/2010 was 6.75%.

Accordingly your maturity value would be Rs. 12, 446/-
answered Nov 26, 2010 by smgupta1947 (13,570 points)   8 27 45
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IN SBI, RD A/C,MONTHLY DEPOSIT 1000/FOR 12 MONTHS, WHT IS THE MATURITY VALUE?

answered Aug 16, 2012 by rakesh0291 (160 points)   1 1

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