Articles - Personal Finance
Premature Withdrawal of Fixed Deposit & How to Avoid Penalty
Fixed deposits are an attractive investment for a number of financial goals. You may have your emergency fund in an FD, or you may have a short-term goal for what you are saving towards. If you need money for an emergency, you may want to break your FD. The premature FD withdrawal option offers quick cash to depositors when they need it the most.