recurring deposit plan

  1. timepass

    Monthly 1 lakh using Bank RD 22000 per month- Possible ?

    I came across this poster of Central Bank of India and it got me thinking. Now, if I invest in all the 10 years schemes, it costs Rs. 22000 per month for 1 year, and then starts returning 1 lakh per month from 13th month onwards. Another advantage is "No TDS" !! How does it sound ...