Premature withdrawal Of Fixed Deposit in HDFC BANK | Break Fixed Deposit in HDFC Bank | No Premature Penalty
Premature withdrawal Of Fixed Deposit in HDFC BANK | Break Fixed Deposit in HDFC Bank | No Premature Penalty
HDFC Bank offer fixed deposit without any penalty for fixed deposits.HDFC Bank offer fixed deposit from online net banking.
What Is Premature withdrawal :
- When customer need money urgently,but his/her money deposited as fixed deposit,Then it need to be withdrawn from bank.This is called break fixed deposit or premature withdrawal of fixed deposit.
Premature Withdrawal Penalty:
- Some bank often charge customer for any break of fixed deposit before the mature period.
How To Liquidate Your HDFC Bank Fixed Deposit:
- If you booked your fixed deposit by HDFC netbanking, then it is very easy to liquidate your fixed deposit. With clicking 2-3 buttons through netbanking, you can break the fixed deposit. Within seconds, the amount will reflect in your HDFC Bank account balance & you can use that money. So customer are advised to book their fixed deposit using HDFC Bank netbanking.
HDFC Bank Fixed Deposit has the following features:
- Part of fixed deposit can be withdrawn without any Premature Penalty.
- Offer up to 7% interest per annum.
- Higher interest rate for senior citizen.
- Pay interest in different scheme like monthly,quarterly,Half yearly,yearly,end of fixed deposit etc
- Interest rate are fixed & determined at the time of book the deposit.
You need to call bank customer care & ask for the details.To see HDFC Bank customer care number Click here.