How do I withdraw my FD prematurely?

Fixed Deposits (FDs)
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How do I withdraw my FD prematurely?

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You can withdraw your FD at any time after 7 days using the Stable Money app.

Simply follow these steps:

  1. Go to the Profile section.
  2. Click on My Investments.
  3. Select the FD you want to withdraw.
  4. Click on Withdraw.

Your invested amount will be credited to your bank account by the end of next working day.

If you withdraw your FD prematurely, your principal will be returned safely. The interest calculation is explained with the example below:

If you booked a 2-year FD of ₹1 lakh at an interest rate of 8% but withdrew after 1 year, the interest rate applied will be the current rate for a 1-year FD at the time of withdrawal, which is usually lower than the original rate. Additionally, the bank charges a 1% penalty on premature withdrawals. This penalty is deducted only from the interest earned.

You can also write to us at help@stablemoney.in for further assistance.

To date, customers have successfully withdrawn over ₹90 crores worth of FDs seamlessly through the Stable Money app.