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It's not FD, it's RD.Looks like getting superb benefit 1 lakh to 18.96 lakh
Seems like a steal deal no bank or stock gives out this insane fixed return in a short period
😂😂😂
Lucky if bank credits that money at maturity
Yes got itIt's not FD, it's RD.
1 lakh per month for 1y6m that is 18 lakh itself and rest 96k is interest.
Bro... You REALLY need to check the difference between FD and RD.... (No offense)Yes got it
Why should we use this feature when we can deposit each rd as new fixed deposit. Is it it just ease of convenience just make small monthly deposit and convert to a big fixed deposit after a certain period of timeframe
Your 2nd installment of RD matures at same date as of 1st installment (In that case, all the installments)
I never claimed or said they are same . Many banks usually gives out pretty good returns on FD but same can't be said for RDBoth are not same.
If you need return my way is good if you need lumpsum it's fine for rdWhere as in 2nd case of each one being an FD of it's own, each will mature at different dates.
So just to get lumpsum money you are doing RD rightYour 2nd installment of RD matures at same date as of 1st installment (In that case, all the installments)
its RD. monthly deposit of 1 lakh for 18 monthsLooks like getting superb benefit 1 lakh to 18.96 lakh
Seems like a steal deal no bank or stock gives out this insane fixed return in a short period
😂😂😂
Lucky if bank credits that money at maturity
It's not FD, it's RD.
1 lakh per month for 1y6m that is 18 lakh itself and rest 96k is interest.
Yes got it
Yes, clearly i misread the pictureits RD. monthly deposit of 1 lakh for 18 months
Both RD/FD are Product for different need and different use case, along with different benefits and limitations, comparison don't change its features.Bro... You REALLY need to check the difference between FD and RD.... (No offense)
Both are not same.
Just to throw some light
Your 2nd installment of RD matures at same date as of 1st installment (In that case, all the installments)
Where as in 2nd case of each one being an FD of it's own, each will mature at different dates.
we have to login over here to experience new UI?
Ideally you should be redirected to this new url even if you are using the old one. Try once.we have to login over here to experience new UI?
old UI only show up using https://netbanking.hdfcbank.com/ i didn't pay anything yet cause it some UI change, so will wait eventually new UI would show up for me at some point.Ideally you should be redirected to this new url even if you are using the old one. Try once.
Is it safe to use new hdfc netbanking when it is not yet officially launched?If anyone of you want to give any feedback regarding the new nb/mb ---- dm me
Absolutely safe, i am using it from February.Is it safe to use new hdfc netbanking when it is not yet officially launched?
Agreed sir but google search also does not show this new hdfc banking. If something happens, hdfc may not take responsibilty as they have not officially released it. If it is for small amount , it is ok. Better be safeAbsolutely safe, i am using it from February.