Himani Chowdhary

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📌 Free Calculator’s link is in my Bio ➗

🔷 Just how we take loan from a Bank and pay every month through EMIs.

🔷 In ADS, you invest a lumpsum and then receive Principal Interest back every month.

🔷 It will be on reducing balance basis ie, every month principal component will increase and interest will keep on decreasing.

⭐️ Available for 3,5,7,10 years

👉🏻 The only difference between FD and ADS is that in FD you get the entire principal back at maturity

👉🏻 In ADS you receive some amount of principal back every month along with interest.

👉🏻 On maturity you get ₹0

📌 Free Calculator’s link is in my Bio ➗

✅ Follow @thehimanichaudhary for more practical knowledge on Investing

#annuities #invest #fixedincome #passiveincome #passiveincomeinvesting #investingforbeginners #sbi #reels #finance | Posted on 11/Mar/2023 18:40:16

Himani Chowdhary
Himani Chowdhary

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