How can I prematurely liquidate my Fixed Deposits

We request you to submit your Fixed Deposit advice, duly discharged by all account holders, at the nearest branch for premature liquidation of your fixed deposit. In the absence of your Fixed Deposit advice, you need to submit the attached Fixed Deposit Liquidation form. Visit a branch or call us You may visit the following URL to access information for the complete address and contact details of our Branches as well as our PhoneBanking numbers. NetBanking Alternatively, you can liquidate your Fixed Deposits through NetBanking. This facility is available to Fixed Deposits held under Sole Owner (SOW) relationship only.The following are the steps required to liquidate your Fixed Deposit online: Access your NetBanking account with your Customer ID and IPIN (NetBanking Password) Select the “Liquidate Fixed Deposit option under the Fixed Deposit menu from the Menu bar located on the left hand side of the web page Select the Fixed Deposit account number from the Drop-down lists Once complete, click on Continue and Confirm the details entered A new web page, confirming the Liquidating Fixed Deposit will be displayed. This facility is available on NetBanking only to customers having Account and Fixed Deposit in Sole Name Further, kindly note that: Fixed deposits booked through branch can also be liquidated on NetBanking provided the FD is held with Sole Owner Relationship Fixed Deposits in the name of Non-individuals are not allowed for liquidation through NetBanking. Additional Information - As per current policy of the bank on premature liquidation, the interest rate applicable for premature closure of deposits (all amounts) will be the lower of: The base rate for the original/contracted tenure for which the deposit has been booked OR The base rate applicable for the tenure for which the deposit has been in force with the Bank. # the base rate is the rate applicable to deposits of less than Rs.15 Lakhs as on the date of booking the deposit. Further to the Terms & Conditions of Fixed Deposit Accounts of the Bank, the penalty on premature closure of Fixed Deposits including sweep-in and partial closures has been fixed by the Bank at the rate of 1%. This is applicable for all deposits booked on or after 24th January 2011. View less

How can I prematurely liquidate my Fixed Deposits

We request you to submit your Fixed Deposit advice, duly discharged by all account holders, at the nearest branch for premature liquidation of your fixed deposit. In the absence of your Fixed Deposit advice, you need to submit the attached Fixed Deposit Liquidation form. Visit a branch or call us You may visit the following URL to access information for the complete address and contact details of our Branches as well as our PhoneBanking numbers. NetBanking Alternatively, you can liquidate your Fixed Deposits through NetBanking. This facility is available to Fixed Deposits held under Sole Owner (SOW) relationship only.The following are the steps required to liquidate your Fixed Deposit online: Access your NetBanking account with your Customer ID and IPIN (NetBanking Password) Select the “Liquidate Fixed Deposit option under the Fixed Deposit menu from the Menu bar located on the left hand side of the web page Select the Fixed Deposit account number from the Drop-down lists Once complete, click on Continue and Confirm the details entered A new web page, confirming the Liquidating Fixed Deposit will be displayed. This facility is available on NetBanking only to customers having Account and Fixed Deposit in Sole Name Further, kindly note that: Fixed deposits booked through branch can also be liquidated on NetBanking provided the FD is held with Sole Owner Relationship Fixed Deposits in the name of Non-individuals are not allowed for liquidation through NetBanking. Additional Information - As per current policy of the bank on premature liquidation, the interest rate applicable for premature closure of deposits (all amounts) will be the lower of: The base rate for the original/contracted tenure for which the deposit has been booked OR The base rate applicable for the tenure for which the deposit has been in force with the Bank. # the base rate is the rate applicable to deposits of less than Rs.15 Lakhs as on the date of booking the deposit. Further to the Terms & Conditions of Fixed Deposit Accounts of the Bank, the penalty on premature closure of Fixed Deposits including sweep-in and partial closures has been fixed by the Bank at the rate of 1%. This is applicable for all deposits booked on or after 24th January 2011. View less