scorecardresearchAs FD rates continue to rise, should you withdraw a current one and start afresh?

As FD rates continue to rise, should you withdraw a current one and start afresh?

Updated: 16 May 2022, 02:22 PM IST
TL;DR.
As interest rates rise, some investors explore the option of prematurely withdrawing their term deposits. Should they do it?   
SBI recently raised interest rates on its bulk deposits

SBI recently raised interest rates on its bulk deposits