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Insurance and Investment in one plan.
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A plan that offers guaranteed income for your future goals.
A plan that works like a term plan, and Earns like ULIP Plan.
A plan that offer guaranteed returns and financial protection for your family.
A plan that offers immediate or deferred stream of income
Retirement years are the golden years of life.
A plan that offers long term savings and life cover.
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Recurring Deposits (RDs) offer you a simple, disciplined approach to saving and accumulate wealth over time, making them ideal for investors of all experience levels....However, maximizing the returns on your RD requires more than just setting up an account. Understanding recurring deposit interest rates, exploring available options, and calculating potential returns are crucial steps. This is where RD calculators become your invaluable alliesRead more
Monthly Investment
Interest Rate(P.A)
Investment Tenure(Years)
Financial calculators help you test the waters before actually jumping in and making an investment. These calculators are designed to help you realize the returns on your investment basis the information you supply. RD calculator is no different.
An RD calculator can help you understand how the calculation works basis the various factors mentioned below:
Remember, an RD calculator is not just a number cruncher; it's your financial confidante, your trusted advisor in the investment portfolio. Use it to:
Set Realistic Goals:Understand how much you need to invest regularly to achieve your desired financial crescendo.
Compare and Choose Wisely:Analyse different RD options and select the one that offers the best returns based on your risk tolerance and investment horizon.
Plan for Fiscal Harmony:Factor in potential tax implications to avoid taxes at maturity
Track Your Progress:Regularly use the calculator to monitor your investment growth and stay motivated throughout your financial journey.
By embracing RD calculators and adopting a thoughtful approach, you can transform your RD into a powerful wealth-building instrument. Remember, knowledge is the key to unlocking the full potential of your investments, and informed decisions pave the path to financial success. So, start calculating, explore your options, and invest wisely for a financially fulfilling future!
Financial well-being starts with a plan. You can check out more financial tools and calculators to get a head start in your financial journey.
You may avail of tax benefits under Section 80C and Section 10(10D) of Income Tax Act, 1961 subject to conditions as specified in those sections. Tax benefits are subject to change as per tax laws. Customer is advised to take an independent view from tax consultant
The calculation is generated on the basis of information provided and does not constitute an offer or solicitation for the purpose of purchase or sale of any product. Further customer is the advised to go through the sales brochure before conducting any sale.
BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRADULENT OFFERS
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.
Kotak Mahindra Life Insurance Company Ltd ; Regn. No.:107, CIN : U66030MH2000PLC128503, Regd. Office: 8th Floor, Plot # C- 12, G- Block, BKC, Bandra (E), Mumbai- 400 051. Website: https://www.kotaklife.com, |Whatsapp:9321003007 |Toll free No: 1800 209 8800. https://www.kotaklife.com, |Whatsapp:9321003007 |Toll free No: 1800 209 8800.
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