How are the returns calculated in case of premature withdrawal?
The returns depend on the held tenure. For example, a 3-year FD withdrawn after 6 months will receive the 6-month FD rate, with a 1% penalty for early withdrawal imposed by the bank.
How are the returns calculated in case of premature withdrawal?
The returns depend on the held tenure. For example, a 3-year FD withdrawn after 6 months will receive the 6-month FD rate, with a 1% penalty for early withdrawal imposed by the bank.