What happens after my FD is matured?

Fixed Deposits (FDs)
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What happens after my FD is matured?

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Once your FD gets matured, depending on the ““maturity instructions”” chosen at the time of the booking, the Principal & interest are actioned as below:

  1. Refund option chosed: The FD maturity amount is safely credited back to your source account which has been set up as your withdrawal account.

  2. Reinvestment option chosen: The FD maturity amount gets reinvested back into the same tenure with the same bank again.