A Recurring Deposit is a special type of bank account wherein the customer will deposit a small amount of money regularly every month. Banks will offer higher interest rates than the usual savings or current accounts because the customer will not withdraw the money until the deposit matures.
Since it isn't a regular deposit account, you don't have any withdrawal slips here. You can do a premature withdrawal of the full amount by paying a penalty fee but you cant do partial withdrawals.
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