How to Liquidate RD in ICICI Bank Online

how to liquidate rd in icici bank online?

Hi,
I recently had to liquidate my ICICI Bank RD online, and it turned out to be simple. Just log in to ICICI net banking account, then go to the “Deposits” section where all my fixed deposits and recurring deposits are listed. From there, select my RD account, and there is an option to “Prematurely close” or “liquidate” it. Click on it, maturity amount or the amount will be displayed what you’ll get after deducting any penalty for closing early. Once confirmed within a few minutes, the money will be credited directly to the linked savings account. It’s basically like withdrawing before the RD completes its full term.