scorecardresearchFixed Deposits: Worried about the penalty on premature withdrawal of FD? Here’s how to avoid it

Fixed Deposits: Worried about the penalty on premature withdrawal of FD? Here’s how to avoid it

Updated: 08 Sep 2022, 08:47 AM IST
TL;DR.
There may be a few circumstances in which you need emergency cash and want to withdraw money from a fixed deposit, but you will be penalised for doing so. We go over a couple techniques for avoiding this penalty.
There may be a few circumstances in which you need emergency cash and want to withdraw money from a fixed deposit, but you will be penalised for doing so. 

There may be a few circumstances in which you need emergency cash and want to withdraw money from a fixed deposit, but you will be penalised for doing so.